Mr. Scott Grischow reports
SUNOCO LP ANNOUNCES EXPECTED CLOSING DATE FOR ACQUISITION OF PARKLAND CORPORATION AND NYSE LISTING INFORMATION FOR SUNOCOCORP LLC ("SUNC")
The previously announced proposed acquisition of Parkland Corp. by Sunoco LP is expected to close on Oct. 31, 2025, subject to the satisfaction or waiver of customary closing conditions.
Sunoco also announced that on Nov. 3, 2025, the common units of SunocoCorp LLC 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-per-cent limited partner interest in Sunoco LP's outstanding common units.
About Sunoco LP
Sunoco is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe and Mexico. The partnership's mid-stream operations include an extensive network of approximately 14,000 miles of pipeline and over 100 terminals. This critical infrastructure complements the partnership's fuel distribution operations, which serve approximately 7,400 Sunoco and partner-branded locations and additional independent dealers and commercial customers. Sunoco's general partner is owned by Energy Transfer LP (New York Stock Exchange: ET).
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