On August 22, 2016, Couche-Tard agreed to buy American company CST Brands and its 2,000 stores mostly in Texas and other southern states for $3.78 billion, $4.4 billion including debt[34][35] This deal, which was the largest purchase in their history, officially closed on June 28, 2017. Couche-Tard has announced that it will sell around 45% of the new stores to another company to pass competition laws. CST Holdings is based in San Antonio and employs over 14,000 people at the 2,000 stores Couche-Tard will be taking over.