Brief: CrossAmerica Partners LP Announces Definitive Agreement To Acquire 106 Convenience Store Locations From 7-Eleven, Inc.

Crossamerica Partners LP

29/04/2021 12:44

April 29 (Reuters) - Crossamerica Partners LP  CAPL.N :
    * CROSSAMERICA PARTNERS LP ANNOUNCES DEFINITIVE AGREEMENT TO
ACQUIRE 106 CONVENIENCE STORE LOCATIONS FROM 7-ELEVEN, INC.
    * CROSSAMERICA PARTNERS LP - A TOTAL OF 106 SITES TO BE
ACQUIRED
FROM 7-ELEVEN, INC
    * CROSSAMERICA PARTNERS LP - DEAL FOR AGGREGATE CASH
PURCHASE
PRICE OF $263 MILLION, SUBJECT TO CERTAIN ADJUSTMENTS
    * CROSSAMERICA PARTNERS LP - ALL SITES ACQUIRED BY CO WILL
BE
REBRANDED AT CLOSING
    * CROSSAMERICA PARTNERS LP - PARTNERSHIP PRESENTLY EXPECTS
ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO DISTRIBUTABLE CASH
FLOW TO LIMITED PARTNERS

Source text for Eikon:  ID:nGNX8bjNkz 
Further company coverage:  CAPL.N 

 ((Reuters.Briefs@thomsonreuters.com;))