Marathon Petroleum has agreed to sell its Speedway petrol stations business to Seven & I Holdings in a $21bn all-cash deal. Having earlier failed to agree on pricing, according which shares in Seven & Eleven fell as much as 7.8 per cent on Monday morning, due to concerns about the acquisition price. Japanese retail giant decided to forge ahead with its largest-ever acquisition, to cement its top position in the US convenience store market and capture growth outside a shrinking home market. 

Source: Investing.com