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New Deal


Announced

Completed

7-Eleven completed the acquisition of 204 convenience stores from Sunoco for $1bn.

Financials

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Transaction Value£786m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Friendly

Acquisition

Majority

convenience stores

Diversified Retailers

United States

Completed

Domestic

Synopsis

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7-Eleven, an American international chain of convenience stores, completed the acquisition of 204 convenience stores from Sunoco, a limited partnership company which sells motor fuels in retail and wholesale channels, for $1bn. "Stripes and Laredo Taco Company have been a great addition to our family of brands since they initially joined us back in 2018. We're excited to welcome the remaining Stripes stores and Laredo Taco Company Restaurants to the family, and we look forward to serving even more customers across West Texas, New Mexico and Oklahoma," Joe DePinto, 7-Eleven CEO.

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