7-Eleven said that it has revealed signing agreements to divest 293 Speedway and 7-Eleven stores to three separate buyers for an undisclosed price. The deals follow the closing of 7-Eleven’s $21 billion acquisition of Speedway from Marathon Petroleum Corp. In mid-March, 7-Eleven signed a deal to offload 124 Speedway and 7-Eleven sites in the Midwest, […]
Convenience stores company 7-Eleven has wrapped up its previously announced $21 billion acquisition of convenience store chain Speedway from Marathon Petroleum. Speedway’s portfolio includes nearly 3,800 stores, which are located in 36 states across the US. The deal was announced last August. Commenting on 7-Eleven acquisition of Speedway, Joe DePinto – President and CEO of […]
7-Eleven acquisition of Speedway : Convenience stores company 7-Eleven has agreed to acquire the Speedway convenience store chain from US petroleum refining company Marathon Petroleum for $21 billion in an all-cash deal. Under the terms of the deal, 7‑Eleven, which is a fully-owned, indirect subsidiary of Japan-based Seven & i Holdings, will acquire nearly 3,900 […]