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Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") announced today that the previously announced proposed acquisition of Parkland Corporation (TSX:PKI) ("Parkland") by Sunoco (the "Transaction") is expected to close on October 31, 2025, subject to the satisfaction or waiver of customary closing conditions.
Sunoco also announced that on November 3, 2025, the Common Units of SunocoCorp LLC ("SunocoCorp") that will be issued to Parkland shareholders in connection with the Transaction are expected to begin trading on the New York Stock Exchange under the ticker symbol "SUNC".
As of the closing of the Transaction, SunocoCorp will have an approximate 27% limited partner interest in Sunoco LP's outstanding common units.
