Parkland Corp

Parkland Corp has agreed to a $9.1 billion takeover by Sunoco LP, but the deal is being contested by Parkland’s largest shareholder, Simpson Oil Ltd., in a battle over boardroom control and governance.

Parkland Corp. has agreed to be acquired by Sunoco LP in a $9.1 billion deal, creating a new publicly traded company that will enhance Sunoco’s presence in the Canadian market.

Sunoco LP has finalized a $9.1 billion acquisition of Parkland Corp., a Canadian fuel supplier and convenience store operator, in a deal expected to enhance Sunoco’s market presence and operational capabilities in Canada.

Sunoco LP has agreed to acquire Parkland Corp. in a $9.1 billion deal, marking a significant expansion for the US energy giant in the Canadian market.