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New Deal


Announced

Completed

7-Eleven completed the acquisition of Speedway from Marathon Petroleum for $21bn.

Financials

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Transaction Value£16,045m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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7-Eleven, an American international chain of convenience stores, completed the acquisition of the Speedway gas station chain from Marathon Petroleum, an American petroleum refining, marketing, and transportation company, for $21bn. "Speedway is a great brand and a strong strategic fit for our business that significantly diversifies our presence throughout the North American market, particularly in the Midwest and on the East Coast. Together, we have the opportunity to redefine and enhance the customer convenience experience nationwide. This is a groundbreaking moment in our company's proud history," Joe DePinto, 7-Eleven President and CEO.

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