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Business Matters: U.S. energy company Sunoco to buy Calgary-based Parkland in $9.1B deal

U.S. energy company Sunoco LP has signed an agreement to buy Calgary-based Parkland Corporation in a cash-and-stock deal valued at $9.1 USD, including assumed debt. Shareholders will meet on June 24 to vote on approving the transaction. Nivrita Ganguly has more on this and other top business stories in Business Matters for May 5, 2025.

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