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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Sunoco LP | NYSE:SUN | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.07 | -1.90% | 55.13 | 56.50 | 55.35 | 56.40 | 235,100 | 01:00:00 |
From Jan 2024 to Jul 2024
By Ronnie Harui
Seven & i Holdings' U.S. subsidiary will acquire most of Sunoco's convenience store and gasoline retail businesses for $950 million.
Through this deal, the U.S. subsidiary 7-Eleven, Inc. will purchase 204 stores in western Texas, New Mexico, and Oklahoma, which will connect its 7-Eleven and Speedway store network alongside the interstate highway, the Japanese company said Thursday.
7-Eleven, Inc. had acquired 1,030 stores under Sunoco's convenience store and gasoline business in 2018, it added.
The deal is part of Seven & i's medium-term management plan, which includes pursuing growth in the North American market.
Write to Ronnie Harui at ronnie.harui@wsj.com
(END) Dow Jones Newswires
January 11, 2024 05:12 ET (10:12 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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