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Sunoco LP is expected to close on its $9.1 billion acquisition of Parkland Corp. in the fourth quarter of this year, the ...
Q2 2025 Management View Joseph Kim, President and CEO, opened with a focus on strong year-to-date results and the outlook for continued outperformance in the second half, stating the company is "on ...
The Canadian Press on MSN4d
Parkland Corp. reports second-quarter earnings up ahead of Sunoco takeoverCALGARY — Parkland Corp. says its second-quarter net earnings were up as the fuel refiner prepares for a takeover by U.S.
The Canadian retailer’s adjusted EBITDA in the U.S. in Q2 fell by about 45% compared to the same period last year, continuing a difficult past few quarters.
Sunoco LP reported its second-quarter 2025 financial results, including an increase in net income and reaffirmed full-year ...
Sunoco, which is structured as a master-limited partnership, will create a new Delaware LLC, SUNCorp., to hold the acquired Parkland shares for a two-year window, and maintain the Calgary ...
Sunoco LP to Acquire Parkland Corporation in Transaction Valued at $9.1 Billion Provided by PR Newswire May 5, 2025, 11:00:00 AM ...
Parkland shareholders approved the Sunoco deal, creating potential valuation gaps and tax concerns for investors. See why PKIUF stock is a hold.
Stikeman Elliott LLP, Weil, Gotshal & Manges LLP, and Vinson & Elkins LLP acted as Sunoco's legal advisors. Goldman Sachs Canada Inc. and BofA Securities served as financial advisors to Parkland.
In connection with the potential transaction between Sunoco and Parkland, SUNCorp intends to file any relevant materials with the U.S. Securities and Exchange Commission ("SEC"), which may include ...
Sunoco is buying Canada's 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.
Under the terms of the agreement, Parkland shareholders will receive 0.295 SUNCorp units and C$19.80 for each Parkland share, implying a 25% premium based on the 7-day VWAP's of both Parkland and ...
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