Sunoco to acquire Parkland in landmark deal

Monday, May 5, 2025, 9:20 am

Sunoco is set to acquire Parkland, Canada's prominent fuel seller, in a substantial $9.1 billion deal that underscores the ongoing consolidation in the energy sector. This high-stakes acquisition sees Sunoco stepping up its game in the competitive fuel market, merging cash and equity to clinch the deal.

reuters.com/business / Motor fuels distributor Sunoco to buy rival Parkland in $9 billion deal - Reuters

Motor fuels distributor Sunoco to buy rival Parkland in $9 billion deal Reuters

pulse2.com / Sunoco Buying Parkland Corporation In $9.1 Billion Deal

Sunoco and Parkland Corporation announced that they have entered into a definitive agreement under which Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt. The post Sunoco Buying Parkland Corporation…

bloomberg.com/technology / Sunoco to Buy Canadian Fuel Seller Parkland for $9.1 Billion - Bloomberg.com

Sunoco to Buy Canadian Fuel Seller Parkland for $9.1 Billion Bloomberg.com

permalink / 3 stories from sources in 5 hours ago #oil #business #finance #acquisitions

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