Applegreen to go private in $877.7 million deal

(Reuters) – Applegreen said on Tuesday it had agreed to be bought out by a consortium led by B&J Holdings and Blackstone (NYSE:BX) Infrastructure Partners in a deal that values the Irish gas station operator at around 718.1 million euros ($877.66 million).

Under the deal, Applegreen shareholders will receive 5.75 euros per share in cash.

($1 = 0.8182 euros)