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.

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