Tractor Supply to acquire Orscheln Farm and Home

US retailer Tractor Supply Company announced that it has entered into an agreement to acquire Orscheln Farm and Home for approximately USD 297 mio (EUR 246 mio), net of acquired estimated future tax benefits of USD 23 mio. Orscheln Farm and Home operates 167 stores located in eleven states in the Midwest of the USA. The acquisition is conditioned on the receipt of regulatory approval.