Sunoco (SUN) on Monday said it reached a deal to acquire Canadian rival Parkland in a deal worth roughly $9.1 billion.

Sunoco to acquire Parkland in $9.1B deal

10:31am, Monday, 05'th May 2025
Sunoco LP (NYSE: SUN) said on Monday it will acquire Parkland Corp (TSX: PKI) in a cash-and-equity transaction valued at $9.1 billion. As part of the deal, Sunoco will create SUNCorp, LLC, a new publi
Sunoco moved to expand its reach with a $9.1 billion deal to buy Canada's Parkland, bringing with it a fleet of gas stations and a west-coast refinery.
Sunoco LP said on Monday it would buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt, in a move that would create the largest independent fuel distributor in the Americas
CALGARY, AB , May 5, 2025 /PRNewswire/ - Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and Parkland Corporation (TSX: PKI) ("Parkland") announced today that they have entered into a definitive
DALLAS , May 5, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and Parkland Corporation (TSX: PKI) ("Parkland") announced today that the parties have entered into a definit
SUN is likely to have generated stable cash flows in Q1 since it has a stable midstream operation.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employe
Shares of Sunoco LP have shown strong performance, returning about 10% over the past year, driven by stable cash flow and secure dividends. SUN operates a resilient fuel distribution business with lim
Sunoco LP (SUN) concluded the recent trading session at $58.77, signifying a -0.68% move from its prior day's close.
In the latest trading session, Sunoco LP (SUN) closed at $59.17, marking a +1.04% move from the previous day.
DALLAS , April 23, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that the Board of Directors of SUN's general partner declared a distribution of $0.8976 per common
Sunoco LP (SUN) concluded the recent trading session at $56.76, signifying a +0.69% move from its prior day's close.
The latest trading day saw Sunoco LP (SUN) settling at $52.04, representing a -1.51% change from its previous close.
DALLAS , April 3, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that it will release its first quarter 2025 financial and operating results before the market opens
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