Fas Mart Parent to Buy 60 C-Stores

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Fas Mart Parent to Buy 60 C-Stores

03/28/2007
TEL AVIV, Israel -- Petro Group Ltd., parent company to GPM Investments, operators of Fas Mart/Shore Stop Convenience Stores, signed agreements to purchase 60 gas stations and convenience stores in the U.S. for $46 million, Globes Online reported yesterday.

The acquired properties posted $130 million in sales in 2006, according to the company.