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Does 7Eleven own Speedway?
(IRVING, TEXAS) May 14, 2021 – 7‑Eleven, Inc. (“7‑Eleven”), the largest chain in the convenience-retailing industry, announced today the successful completion of its acquisition of Speedway, a leading convenience store chain, from Marathon Petroleum Corp. (NYSE: MPC).Does 7Eleven sell 293 Speedway?
Find out more online at www.7‑Eleven.com. 7‑Eleven, Inc. (“7‑Eleven”) announced today that it has signed definitive agreements to sell 293 Speedway and 7‑Eleven stores to three separate buyers. This follows the completion of 7‑Eleven’s acquisition of Speedway from Marathon Petroleum Corp. (NYSE: MPC) on May 14, 2021.How much will 7-Eleven pay for speedway?
Seven & i Holdings, the Japanese retail group that owns the popular convenience store, will pay $21 billion for Speedway. The acquisition will see 7-Eleven add nearly 4,000 stores, and bring its total number of stores in the US and Canada to 14,000.