Overview

• The companies say they plan to close the transaction in the fourth quarter of 2025, subject to remaining regulatory approvals and customary conditions.
• U.S. antitrust review advanced when the Hart-Scott-Rodino waiting period expired last month.
• Parkland shareholders approved the takeover in June after a proxy battle over the company’s direction.
• Parkland adds major retail brands across 26 countries and the Burnaby, B.C., refinery that supplies a significant share of local gasoline and jet fuel.
• Sunoco operates extensive U.S. fuel distribution and midstream assets, and its general partner is owned by Energy Transfer LP.