Wednesday, April 15, 2026
Parkland, Sunoco clear key U.S. regulatory hurdle for acquisition-oil and gas 360

Parkland, Sunoco clear key U.S. regulatory hurdle for acquisition

(BOE Report) – CALGARY – Parkland Corp. and Sunoco LP say they have cleared a key U.S. antitrust hurdle in a US$9.1-billion deal that would see the U.S. fuel distribution giant buy the Calgary-based refiner and retailer.   The two companies say the waiting period has expired under the Hart-Scott-Rodino Act, satisfying one regulatory approval that’s needed for the deal to

Activist investor Engine Capital plans to vote against US$9.1B Parkland-Sunoco deal- oil and gas-oil gas 360

Activist investor Engine Capital plans to vote against US$9.1B Parkland-Sunoco deal

(BOE Report) – CALGARY – A major shareholder in fuel refiner and retailer Parkland Corp. says it plans to vote against its planned takeover by U.S. heavyweight Sunoco LP. Engine Capital owns 2.5 per cent of Parkland’s shares, making it one of the Calgary-based company’s biggest investors. In a letter to Parkland’s board of directors, Engine’s leadership argues the Sunoco deal