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Sunoco, Parkland and Americas

Sunoco buying Parkland for $9 billion to create largest retail fueling and convenience store giant in the Americas

Sunoco will buy embattled Parkland in a $9.1 billion consolidation of two of the biggest fueling and convenience store powers across the Americas, creating a network of more than 11,000 fueling stations.

AOL · 2h

Sunoco to buy Parkland in $9 billion deal in Americas fuel supplier consolidation

The deal follows Parkland's strategic review, initiated in March, following persistent pressure from Simpson Oil, Parkland's largest shareholder with a nearly 20% stake, and supported by activist investor Engine Capital.

The Associated Press on MSN · 2h

Sunoco buys Canadian gas and convenience store chain Parkland for about $9.1 billion

Parkland Corp. shareholders will receive 0.295 SunCorp units and $19.80 Canadian ($14.34) for each Parkland share they own. There's also an option for Parkland shareholders to choose to receive $44.00 Canadian ($31.86) per Parkland share in cash or 0.536 SunCorp units for each share.

1hon MSN

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

Sunoco LP will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt, the U.S. fuel supplier said ...

Sunoco to acquire Parkland for $9.1 billion in cross-border energy tie-up

Sunoco LP (NYSE:SUN) announced it will acquire Parkland Fuel Corporation (TSX:PKI) in a cash-and-equity deal valued at approximately $9.1 billion, including debt, marking one of the largest North ...

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