News

Sunoco LP is expected to close on its $9.1 billion acquisition of Parkland Corp. in the fourth quarter of this year, the ...
Sunoco ( (SUN)) has provided an announcement. On August 8, 2025, Sunoco LP amended its credit agreement to allow for up to $2 billion in cash to be reserved for the Parkland Acquisition, impacting the ...
Q2 2025 Management View Joseph Kim, President and CEO, opened with a focus on strong year-to-date results and the outlook for continued outperformance in the second half, stating the company is "on ...
Parkland runs 4,000 retail and commercial sites in Canada, the United States and the Caribbean. Additionally, SUN operates a network of 7,400 Sunoco and partner-branded stores.
In summary, Sunoco LP’s earnings call reflects a strong financial performance with record-breaking metrics and a positive growth outlook. While challenges such as decreased fuel margins and pending ...
Sunoco, which is structured as a master-limited partnership, will create a new Delaware LLC, SUNCorp., to hold the acquired Parkland shares for a two-year window, and maintain the Calgary ...
Sunoco LP to Acquire Parkland Corporation in Transaction Valued at $9.1 Billion Provided by PR Newswire May 5, 2025, 11:00:00 AM ...
Parkland shareholders approved the Sunoco deal, creating potential valuation gaps and tax concerns for investors. See why PKIUF stock is a hold.
Under the terms of the agreement, Parkland shareholders will receive 0.295 SUNCorp units and C$19.80 for each Parkland share, implying a 25% premium based on the 7-day VWAP's of both Parkland and ...
In connection with the potential transaction between Sunoco and Parkland, SUNCorp intends to file any relevant materials with the U.S. Securities and Exchange Commission ("SEC"), which may include ...
Sunoco is buying Canada's gas station and convenience store chain Parkland in a cash-and-stock deal valued at approximately $9.1 billion, expanding its footprint north of the border.
Stikeman Elliott LLP, Weil, Gotshal & Manges LLP, and Vinson & Elkins LLP acted as Sunoco's legal advisors. Goldman Sachs Canada Inc. and BofA Securities served as financial advisors to Parkland.