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Loblaw to sell gas station business for C$540 mln

April 19 Canadian grocery and pharmacy retailer Loblaw Cos Ltd said on Wednesday it would sell its gas station business to asset manager Brookfield Business Partners LP for about C$540 million ($402.17 million).

The sale includes Loblaw's 213 retail gas stations and convenience stores adjacent to the gas stations across Canada. ($1 = 1.3427 Canadian dollars) (Reporting by Ahmed Farhatha in Bengaluru; Editing by Shounak Dasgupta)

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