The deal will see 7-Eleven, Inc. buy 100 7-Eleven-branded locations in central Oklahoma that have been operating independently for 67 years.
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The transaction is anticipated to close within 60 to 90 days, subject to standard closing conditions and regulatory approvals. The 7-Eleven Stores purchase will bring the total number of 7-Eleven, Inc.‘s units in the U.S. and Canada to more than 9,700.
Joe DePinot, president and CEO of 7-Eleven, said: “Oklahoma has a growing economy, and this acquisition provides a great opportunity for us to expand regionally.”
Tokyo-based Seven & i Holdings Co., Ltd., the parent company of 7‑Eleven, Inc., operates almost 70,000 stores in 17 countries globally.
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