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Parkland shareholders vote for $9.1 billion acquisition by Sunoco

  • Parkland shareholders voted in favor of a $9.1 billion acquisition by Sunoco.
  • The combined company will have an enterprise value of about $25.5 billion and become the largest independent fuel distributor in the Americas.
  • The deal marks the end of a tumultuous period for Parkland, which faced underperformance and a board takeover bid.
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castanet.netcastanet.net
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Parkland shareholders approve Sunoco takeover, management board slate

Fuel refiner and retailer Parkland Corp. says shareholders have voted in favour of its planned takeover by U.S. company Sunoco LP. At a special meeting, shareholders also voted in support of the director nominees that Parkland's management put forward, drawing an end to a bitter proxy fight with an ...

·Kelowna, Canada
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  • 46% of the sources lean Left, 46% of the sources are Center
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cstoredive.com broke the news in on Tuesday, June 24, 2025.
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