Dallas-based Sunoco plans to buy Parkland Corp., a Canadian energy and retail company, for cash and equity in a deal valued at about $9.1 billion. Sunoco says the deal would boost its cash flow to ...

DALLAS — Sunoco is buying Canadian gas station and convenience store chain, Parkland, in a cash-and-stock deal valued at approximately $9.1 billion, expanding its footprint north of the border.

Sunoco’s first bid came in July 2023, when it offered to acquire Parkland for $38.50 per share — 40% in cash and 60% in equity — according to the presentation. That represented a 15% premium ...

Parkland Corp.’s shareholders “resoundingly approved” the company’s $9.1 billion sale to oil and energy firm Sunoco on Tuesday, a spokesperson from Sunoco said in a statement to C-Store ...

Sunoco (NYSE:SUN) said Monday it agreed to acquire Canada-based fuel distributor and marketer Parkland (OTCPK:PKIUF) for ~US$9.1B in cash and stock, including assumed debt. Under the deal terms ...

Sunoco agreed to buy Canadian fuel distributor Parkland in a $9.1 billion cash and stock deal. Shares of Sunoco slumped Monday, while Parkland traded higher in Toronto following the news.