DALLAS & IRVING, Texas -- With the sale of more than 1,100 company-operated convenience stores in 18 states to 7-Eleven, Sunoco LP made clear its intention to shift its focus away from retail and toward wholesale fuel distribution.
And 7-Eleven Inc.’s more than $3.3 billion purchase of approximately 1,100 company-operated convenience stores in 18 states from Sunoco LP is its largest acquisition ever.
CSP Daily News takes a look at the forces driving the deal:
7-Eleven Buys 1,110 Sunoco C-Stores
7-Eleven Gains Stores as Sunoco Changes Its Stripes
Why Sunoco Is Selling
Why 7-Eleven Is Buying
Analysis: A Major Move in 7-Eleven vs. Circle K
Sam Susser Looks Back at Stripes as Chain Changes Hands Again
Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.