Core Points - Sunoco LP is set to close its acquisition of Parkland Corporation on October 31, 2025, pending customary closing conditions [1] - Common Units of SunocoCorp LLC, to be issued to Parkland shareholders, will begin trading on November 3, 2025, under the ticker symbol "SUNC" [2] - Post-transaction, SunocoCorp will hold approximately 27% limited partner interest in Sunoco LP's outstanding common units [2] Company Overview - Sunoco is a prominent energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico [3] - The partnership's midstream operations include around 14,000 miles of pipeline and over 100 terminals, supporting its fuel distribution to approximately 7,400 branded locations and additional independent dealers [3] - Sunoco's general partner is owned by Energy Transfer LP [3]
Sunoco LP Announces Expected Closing Date for Acquisition of Parkland Corporation and NYSE Listing Information for SunocoCorp LLC ("SUNC")