7-Eleven, Inc. entered into an agreement to acquire 204 gas stations and convenience stores from Sunoco LP (NYSE:SUN) for approximately $950 million on January 11, 2024. The transaction is subject to clearance of regulatory bodies. The transaction was approved by 7-Eleven's board. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Seven & i Holdings Co., Ltd. Lande Spottswood, Yong Eoh, Courtney Hammond, Sean Becker, David D'Alessandro, Regina Ibarra, Gary Huffman, Brian Russell, Matt Dobbins, Rajesh Patel, and Sarah Mitchell of Vinson & Elkins acted as legal advisor to Sunoco.

7-Eleven, Inc. completed the acquisition of 204 gas stations and convenience stores from Sunoco LP (NYSE:SUN) on April 16, 2024.