7-Eleven owner buys petrol sta­tions

Irish Examiner - - Business -

The Ja­panese global op­er­a­tor of the 7-Eleven fran­chise agreed to buy Marathon Petroleum’s petrol fore­courts in the US for $21bn (€17.8bn), adding 3,900 Speed­way out­lets to clinch a dom­i­nant po­si­tion of al­most 14,000 stores in the US and Canada. Seven & I pushed ahead with the deal amid its con­cern Canada’s Ali­men­ta­tion Couche-Tard, which in Ire­land owns Cir­cle K, would snap up Speed­way for it­self.

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