Marathon petroleum corp. announces close of $21 billion speedway sale and return of capital plans

Findlay, ohio, may 14, 2021 /prnewswire/ -- marathon petroleum corp. (nyse: mpc) today announced the close of the $21 billion sale of speedway to 7-eleven, inc., a wholly owned, indirect subsidiary of seven & i holdings co., ltd (3382: toyko). in conjunction with closing, mpc announced its plans regarding the estimated $16.5 billion of after-tax cash proceeds.
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