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Sunoco LP and Parkland Corporation Announce Expiration of Hart-Scott-Rodino Act Waiting Period
Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and Parkland Corporation (TSX: PKI) ("Parkland") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with Sunoco's pending acquisition of Parkland (the "Transaction").
About this update from Energy Transfer Lp
[{"type":"text","content":"DALLAS, Sept. 22, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and Parkland Corporation (TSX: PKI) ("Parkland") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with Sunoco's pending acquisition of Parkland (the "Transaction").","length":409,"tagName":"p"},{"type":"image","alt":"Sunoco LP Logo (PRNewsfoto/Sunoco LP)","displaySize":"","headline":null,"caption":"Sunoco LP Logo (PRNewsfoto/Sunoco LP)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":56,"url":"https://media.zenfs.com/en/prnewswire.com/a18822e479144e6af359140e8668c91a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VP4rT_mz5PPpNJZOZK9KgA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTk5O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/a18822e479144e6af359140e8668c91a","width":400,"height":56}},"href":"https://mma.prnewswire.com/media/1213649/Sunoco_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The expiration of the waiting period under the HSR Act satisfies an important regulatory approval necessary for the completion of the Transaction, which is expected to close in the fourth quarter of 2025, subject to obtaining other regulatory approvals and the satisfaction of certain customary closing conditions.","length":314,"tagName":"p"},{"type":"text","content":"About Sunoco LPSunoco LP (NYSE: SUN) 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 midstream 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. SUN's general partner is owned by Energy Transfer LP (NYSE: ET).","length":618,"tagName":"p"},{"type":"text","content":"About ParklandParkland is a leading international fuel distributor, marketer, and convenience retailer with safe and reliable operations in twenty-six countries across the Americas. Parkland's retail network m...