Current SUN Stock Info

Sunoco will purchase an interest in Energy Transfer Partners fuel distribution business
Sunoco LP (ticker: SUN) and Energy Transfer Partners LP (ticker: ETP) announced today the second dropdown of a portion of ETP’s retail business to SUN, according to a company press release.

SUN has agreed to acquire from ETP Retail Holdings, an affiliate of ETP, a 31.58% equity interest in Sunoco LLC, which distributes approximately 5.3 billion gallons of motor fuel annually to the east, Midwest and southeast regions of the United States. The transaction...

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