Sunoco Completes Acquisition of Parkland Corporation

Reuters11-11
Sunoco Completes Acquisition of Parkland Corporation

Sunoco LP has completed its acquisition of all issued and outstanding common shares of Parkland Corporation, making Parkland a wholly owned subsidiary. The company also reported the final results of its previously announced private exchange offers and related consent solicitations for outstanding Parkland notes. As of October 20, 2025, Sunoco received the necessary consents from eligible holders to amend the terms of each series of Parkland notes and their related indentures. The exchange offers covered both Canadian and U.S. dollar denominated notes, with a total of approximately $2.58 billion tendered, representing 99.2% participation.

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