Sunoco LP, Dallas, Tex., has agreed to acquire Parkland Corp. in a cash and equity deal valued at about $9.1 billion, including assumed debt. The deal would create the largest independent fuel ...
Parkland deal boosts global fuel reach, with 5.9% yield and 5%+ distributions. Read the latest analysis on the stock here.
(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 ...