Żabka Jumps as Couche-Tard Files PLN 32 per Share Cash Offer; Q2 Results Add Momentum
Żabka Group SA shares rallied sharply after Alimentation Couche-Tard announced a voluntary cash tender offer of PLN 32.00 per share for all issued and outstanding Żabka stock, valuing the company at about PLN 32.62 billion (~$8.6 billion USD). The bid, to be executed via Circle K Polska, is supported by management and backed by irrevocable commitme…