Ernest Wong, CFA and head of research at Baskin Wealth Management, shares his analysis of U.S. fuel distributor Sunoco buying Parkland for US$9.1B. May 06, 2025 at 10:52AM EDT More Videos ...

Energy company Sunoco is buying Canada-based Parkland in a deal valued at approximately $9.1 billion, creating a massive fuel distributor. The two announced the move on Monday, saying Sunoco ...

Two significant events reverberated through the Canadian oilpatch on Monday, with Parkland Corp. accepting a $12.6-billion takeover offer from U.S.-based Sunoco LP, and OPEC+ agreeing to boost ...

Sunoco plans to acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt and the acquisition of Parkland’s Burnaby ...

This acquisition will make Sunoco the largest independent fuel distributor in the Americas. Parkland shareholders are set to receive cash and Sunoco units, with the deal expected to close by 2025.

(Reuters) -U.S. fuel supplier Sunoco has struck a $9.1-billion deal to buy Canada-based Parkland, a move that would create the Americas’ largest independent fuel distributor but which Parkland ...

Sunoco will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt in a move the companies said would create the largest independent fuel distributor in the Americas. The ...

Sunoco LP agreed to acquire Parkland Corp. for about $9.1 billion, including debt, offering a premium for a Canadian fuel distributor that’s in the midst of a leadership upheaval and a fight with its ...

But Parkland postponed the meeting to June 24, when shareholders are to also vote on the cash-and-stock deal with Dallas-based Sunoco that would create the largest independent fuel distributor in the ...

(Reuters) -U.S. fuel supplier Sunoco has struck a $9.1-billion deal to buy Canada-based Parkland, a move that would create the Americas' largest independent fuel distributor but which Parkland's ...