Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry
Sunoco gas station

Terminates consent solicitations for bonds due 2021 and 2023, reaffirms timing

DALLAS -- Sunoco LP continues to anticipate a fourth-quarter 2017 closing of the $3.3 billion deal for 7-Eleven Inc. to acquire more than 1,100 of its convenience stores, subject to regulatory clearances and despite hitting a road bump related to its bonds. On Oct. 10, Sunoco started the consent-...

Honey Farms

Master limited partnership acquires 33 c-stores in Massachusetts, 11 with fuel

WALTHAM, Mass. -- Keeping true to its word about continuing to “remain active” on the mergers-and-acquisitions front, Global Partners LP has acquired 33 convenience stores from Honey Farms Inc. The retail fuel and convenience-store assets include 11 company-operated retail sites with fuel and c-...

honey farms mobile

MLP picks up 33 c-stores in New England, 11 with fuel

WALTHAM, Mass. -- Global Partners LP has acquired 33 convenience stores from Honey Farms Inc. The retail fuel and convenience-store assets include 11 company-operated retail sites with fuel and c-stores and 22 stand-alone c-stores. The purchase price of the cash transaction was approximately $36...

Kroger

If the grocer decides to sell its convenience division, here are some possible buyers

Joe's Kwik Mart
Dunne Manning Realty acquires sites in Pennsylvania
Chevron
Downstream deal includes refinery, cardlocks, more
Coen Oil
Sprague Resources acquires Coen Energy, but Ruff Creek Markets not part of deal
Kum & Go store
Investment company adds to its industry portfolio in Iowa
Rudy's Mart Gulf
Lehigh Valley sites offer car washes, Gulf-branded fuel
Kroger

Strategic review of 800-store convenience network part of grocer’s ‘Restock’ initiative

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