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flag Parkland and Sunoco cleared a key U.S. antitrust review, paving the way for their $9.1B deal to proceed.

flag Parkland Corp. and Sunoco LP have cleared a major U.S. antitrust hurdle as the Hart-Scott-Rodino waiting period expired, allowing the $9.1-billion acquisition to move forward without regulatory opposition. flag The deal, expected to close in the fourth quarter of 2025, remains subject to other approvals, including Canada’s Investment Canada Act. flag Sunoco, a major U.S. fuel distributor, would acquire Parkland, a Calgary-based refiner and retailer with operations across 26 countries, including the Burnaby Refinery and brands like Ultramar and Chevron. flag The transaction, which follows a prior proxy battle, aims to boost efficiency and market reach in the energy sector.

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