High-Stakes Parkland-Sunoco Deal Amid U.S.-Canada Tensions and Scrutiny
Tuesday, May 13, 2025, 3:22 pm
In a deal worth $9.1 billion, Dallas-based Sunoco’s bid for Calgary’s Parkland Corp. comes under intense examination as new national security guidelines stir concerns over economic sovereignty. With U.S.-Canada relations already on edge, the deal finds itself under a microscope—proving billion-dollar deals are never just business as usual.
Dallas-based Sunoco's offer of $9.1 billion for Calgary-based Parkland Corp. is expected to subject to intense scrutiny at a time of fraught Canada-U.S. relations.
Ottawa recently announced updated national security guidelines under the Investment Canada Act to account for potential harms to Canada’s economic security
permalink / 2 stories from sources in 5 days ago #usrelations #business #energy #canada
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