London (CNN Business) Convenience store operators are having a moment. The offer, which Couche-Tard expects to be mostly in cash, values Carrefour at €16.2 billion ($19.7 billion) and represents a 29% premium to its closing price on Tuesday. […] It employs 109,000 people in North America, where it has more than 9,000 convenience stores, most of which are attached to fuel stations. […] Stay-at-home orders during the pandemic may have something to do with the growing popularity of convenience stores, which give shoppers easy access to essentials. […] “Forecourts and convenience stores are exceptionally highly valued at the minute and are using their balance sheets to diversify,” Black added.
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