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7-Eleven, Inc

Company Summary

Description

7-Eleven is an American-Japanese international chain of convenience stores, headquartered in Irving, Texas, that operates, franchises, and licenses some 56,600 stores in 18 countries. The chain was known as Tote'm Stores until renamed in 1946

Website

http://corp.7-eleven.com/corp/home

Operational Regions

  • International

Related Entities

Recent news

  • 10/20/2022 - 7-Eleven Signs on to DTE... (subscriber access)
  • 5/17/2021 - Marathon Petroleum... (subscriber access)
  • 8/3/2020 - Marathon Selling... (subscriber access)
  • 10/19/2017 - Sunoco Terminates... (subscriber access)
  • 10/11/2017 - Sunoco Seeking Consent... (subscriber access)

Company Transactions

Date: 3/31/2021
Type: Acquisition

BUYERS:
  • 7-Eleven, Inc
  • Seven & i Holdings Co.
    • SELLERS:
  • Marathon Petroleum Corporation
  • Speedway LLC
    • DETAILS:

    COST: 21 $B

    NOTES:
    Marathon Petroleum reached a deal to sell its Speedway segment to 7-Eleven for $21 billion in cash, which will result in $16.5 billion in after-tax cash proceeds once the deal closes in the first quarter of 2021.
    REGIONS:
  • North America

    • Date: 10/30/2017
    Type: Acquisition

    BUYERS:
  • 7-Eleven, Inc
    • SELLERS:
  • Sunoco LP
    • DETAILS:

    COST: 3.3 $B

    NOTES:
    SUN entered into a definitive asset purchase agreement for the sale of a majority of its company-operated convenience stores to 7-Eleven, Inc. Total consideration in the transaction is $3.3 billion in cash plus fuel, merchandise and other inventories.
    REGIONS:
  • United States