Stay in the know and receive the latest international franchising news, insight and investment opportunities
The deal will see 7-Eleven, Inc. buy 100 7-Eleven-branded locations in central Oklahoma that have been operating independently for 67 years.
Keep up to date with the latest Global Franchise News sent straight to your inbox. Sign up here.
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.
IMAGE: Quality Stock Arts / Shutterstock.com
The U.K.-based IV drip franchise is looking to take its novel concept to suitable international markets29 Sep 2020 | Read Article >
From the sandy beaches in the Outer Banks of North Carolina, Duck Donuts is expanding its warm, delicious and made-to-order donuts worldwide28 Sep 2020 | Read Article >
The fitness franchisor has debuted several of its brands in this exciting, untapped region23 Sep 2020 | Read Article >
The international restaurant franchisor has expanded its portfolio with this latest deal23 Sep 2020 | Read Article >
The franchise parent company is boosting its executive team23 Sep 2020 | Read Article >
For further information on the Tiger Bills franchise please submit your details below.