Services: Applegreen is expanding in the US with deal on New York State ThruwayForecourt retailer Applegreen completed its stock market delisting yesterday following its Blackstone-backed take-private deal. Shareholders were offered €5.75 a share in the take-private deal. Last month, Applegreen finalised the acquisition of a venture that will spend $301m (€252m) redeveloping 27 service areas on the 917km-long New York State Thruway. Applegreen will also operate the service areas under a 33-year lease with the New York State Thruway Authority. The Empire State Thruway Partners (ESTP) consortium had until last year included investors including UK infrastructure giant James Laing.

Source: Irish Independent March 12, 2021 02:36 UTC