Sunoco LP to Acquire Parkland in $12.5 Billion Deal

Reuters01-17

Sunoco LP to Acquire Parkland in $12.5 Billion Deal

Sunoco LP is moving forward with its acquisition of Parkland in a deal valued at approximately $12.5 billion, including assumed debt. Under the terms of the agreement, Parkland shareholders will receive 0.295 SunocoCorp units and $19.80 in cash for each Parkland share. Alternatively, shareholders may elect to receive $44.00 per Parkland share in cash or 0.536 SunocoCorp units per share, subject to certain conditions and limits. The transaction has received approval from Parkland's shareholders and all key regulatory bodies, with closing expected on October 31, 2025, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunoco LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001552275-26-000008), on January 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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