Parkland corporation to be acquired by sunoco lp

Calgary, ab , may 5, 2025 /prnewswire/ - sunoco lp (nyse: sun) ("sunoco" or the "partnership") and parkland corporation (tsx: pki) ("parkland") announced today that they have entered into a definitive agreement whereby sunoco will acquire all outstanding shares of parkland in a cash and equity transaction valued at approximately u.s.$9.1 billion, including assumed debt (the "transaction"). "this strategic combination is a compelling outcome for parkland shareholders," said michael jennings, executive chairman of parkland.
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