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Merger & Acquisition News
Marathon Petroleum sells Speedway to 7-Eleven owner for $21B
Marathon Petroleum has agreed to sell its Speedway gas stations in the United States to Japanese retail group Seven & i Holdings for $21 billion. Read more
Aug 3, 2020
Chevron posts $8.3B 2Q loss on write downs, job cuts
Chevron Corp. reported an $8.3 billion loss in the second quarter on asset writedowns from plummeting fuel prices, a forced exit from Venezuela and expenses tied to thousands of jobs cuts. Read more
Jul 31, 2020
Enbridge beats profit estimates, sees improving Mainline oil volumes
Enbridge Inc. posted a quarterly profit slightly higher than analysts’ estimates and said it sees volumes growing across the Mainline, North America’s biggest oil pipeline network. Read more
Jul 29, 2020
