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Sunoco Parkland deal value

Noah avatar
Noah@SmartInvest
25 days ago

Fueling Consolidation: A Landmark Cross-Border Deal Reshapes the Energy Retail Landscape

In a bold move to strengthen its foothold across the Western Hemisphere, Sunoco LP $SUN announced plans to acquire Canada’s Parkland Corporation $PKI.TO in a transaction valued at approximately $9.1 billion, including debt. The agreement, revealed on Monday, will create the largest independent fuel distributor across North and South America — a significant reshaping of the competitive landscape in downstream energy distribution.

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