P. M. Briefing : Japanese Buy 7-11 Hawaii Chain
- Share via
From Times Wire Services
TOKYO — 7-11 Japan Co. Ltd. will acquire the Hawaii division of the Dallas-based Southland Corp., which operates the chain of convenience stores in the United States, the Japanese company said today.
7-11 Japan will pay $75 million to the U.S. 7-11 operator and take over operation of the current 55 stores in Hawaii, with plans to add franchise stores in the future, a company spokesman said.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
