7-Eleven to buy 79 stores from CST brands

Industry:    2016-06-03

7-Eleven Inc:

* Notice regarding the acquisition of stores from CST Brands, Inc.

* signed an agreement to acquire stores from CST Brands

* agreement to have only a minimal effect on company’s consolidated results for fiscal year ending February 28, 2017

* asset purchase is expected to contribute to profits over medium to long-term

* signed an agreement to acquire stores from cst brands

* Agreement will have minimal effect on co’s consolidated results for fiscal year ending February 28, 2017

* Says to buy 79 gas stations and convenience stores in California and Wyoming

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