Mergers & Acquisitions News
$2.15 billion deal includes 762 convenience stores in 18 states
CINCINNATI and BLACKBURN, U.K. -- The Kroger Co. and EG Group, a privately held petro forecourt convenience-store retailer based in Blackburn, Lancashire, United Kingdom, have announced a definitive agreement for the sale of Kroger's c-store business unit, including 762 stores, to EG Group for $2...
California, Texas see the most activity in this month’s tally
Brand's largest U.S. franchise group transitions units to new franchisee
MILWAUKEE -- Midwest Retail Group LLC, 7-Eleven's largest U.S. franchise group, has sold its 14 convenience stores in southeastern Wisconsin to a new franchisee, CSP Daily News has learned. The new franchise owner is Greg Evans, who previously owned the Mother Hubbard’s Cupboard c-store chain. In...
Both retailers are mum; other bidders at the table