Russell Withers, chairman of 7-Eleven Stores, said the company's acquisition of almost 300 Mobil Oil Australia petrol stations will increase its store total to more than 650. Most of the petrol stations 7-Eleven is acquiring are located in eastern Australia's metropolitan areas. "The acquired sites are well-positioned with strong fuel and food store volume, bringing excellent synergies with 7-Eleven's current operations," said CEO Warren Wilmot.

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