Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Retailer divested locations in noncore markets

IRVING, Texas -- 7-Eleven Inc. has closed on the sale of two truckstops and one convenience store to Parkland Fuel Corp. 7-Eleven acquired the three facilities , two in Cheyenne, Wyo., and one in Laramie, Wyo., along with 76 c-stores in California as part of its acquisition of CST Brands Inc.’s...

Includes 20 properties from State Oil acquisition

ALLENTOWN, Pa. -- CrossAmerica Partners LP has entered into an agreement with a leading institutional real-estate investor for the sale and leaseback of 20 properties acquired as part of the State Oil acquisition for net proceeds of approximately $29 million. CrossAmerica acquired the State Oil...

Bids due Jan. 19

WALTHAM. Mass. -- Global Partners LP continued its previously announced plan to sell off nonstrategic retail outlets by placing 13 convenience-store sites up for sale via a sealed-bid process this week. Global Partners LP will sell seven vacant convenience stores and six vacant retail sites in the...

Chain will keep name, become cooperative

Competitive snapshot of newly opened or closed U.S. convenience stores, gas stations, truckstops and travel centers

Transaction brings together pipeline, energy and retail assets

Gains three refineries, SuperAmerica stores and more with Western Refining acquisition

Deal creates highly integrated, geographically diversified refining, marketing and logistics company
Pending regulatory approvals, companies expect deal to close in early 2017
Retailer issues results of stockholders’ vote