7-Eleven International settles Australian takeover

7-Eleven International has completed the acquisition of the 7-Eleven Australia convenience store business for $1.71 billion.

With the transaction, 7-Eleven International has added more than 750 stores to its portfolio.

The two companies say they have identified opportunities to transform 7-Eleven Australia’s merchandise and fuel range, broaden product assortment, and launch new high-quality food products.

Know More: https://insideretail.com.au/business/7-eleven-international-settles-australian-takeover-202404