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Parent company of 7-Eleven agrees to divest some U.S. stores in Sunoco deal [Reuters]

SUNOCO LP (SUN)  More Company Research Source: Reuters
Last sunoco lp earnings: 5/9 04:30 pm Check Earnings Report
US:NYSE Investor Relations: sunocolp.com/investor-relations/default.aspx
PDF Parent company of 7-Eleven agrees to divest some U.S. stores in Sunoco deal | Reuters Reuters Staff 1 Min Read WASHINGTON (Reuters) - Seven & i Holdings Co Ltd ( 3382.T ), the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some fuel outlets in its proposed $3.3 billion acquisition of 1,100 Sunoco LP ( SUN.N ) outlets, the U.S. Federal Trade Commission said Friday. Under the terms of the consent agreement, 7-Eleven will sell 26 retail fuel outlets that it owns to Sunoco, and Sunoco is required to retain 33 fuel outlets that 7-Eleven otherwise would have acquired. The FTC said without the sales the acquisition would harm competition in 76 local markets across 20 metropolitan areas. The deal was announced in April 2017. Reporting by David Shepardson; Editing by Lisa Shumaker All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Parent company of 7-Eleven [Read more]

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