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Brunswick Group is handling 7-Eleven’s $21B cash acquisition of the Speedway convenience store chain of Marathon Petroleum.
The addition of 3,900 Speedway units will bolster 7-Eleven’s US and Canada network to about 14,000 stores. 7-Eleven will strengthen its position on the East Coast and Midwest and have a presence in 47 of the top 50 American markets.
7-Eleven, a unit of Japan’s Seven and i Holdings, operates, franchises and/or licenses more than 70,000 convenience stores in 17 countries.
Jonathan Doorley, head of Brunswick’s US M&A team, leads the deal team from New York. He’s supported by NYC partner Charlie Koons, director Kate Beers and Tokyo’s Daisuke Tsuchiya, who heads the firm’s Japan practice.
FGS Global handles Fox Corp. as it agrees to acquire The Roku Channel, which relies on Joele Frank, in a deal valued at $22B.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
