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Parkland Corporation to be Acquired by Sunoco LP

Deals & Cases


Vinson & Elkins represented Sunoco LP (NYSE: SUN) (“Sunoco”) in its entry into a definitive agreement with Parkland Corporation (TSX: PKI) (“Parkland”) whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt.

The Vinson & Elkins team was led by partners Lande Spottswood, Ramey Layne, Jackson O’Maley, Ben Heriaud, and Caitlin Turner, with assistance from senior associate Layton Suchma and associates Walt Baker, Michelle Yang, Patience Li, Rachel Campbell, and Ethan Twining. Other key team members include counsel Maya Bobbitt and associates Cam Viney and Sara Johnson; partners Ryan Carney and Gary Huffman, senior associate Dan Henderson, and associate Tripp Haskins.

 

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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