As part of the acquisition agreement, ETP is to own Sunoco's branded retail business, which includes approximately 4900 retail locations in the U.S.Energy
Pipeline operator Energy Transfer Partners LP said it will buy Sunoco Inc for $5.3 billion in stock and cash as part of its plan to bulk up presence in the transportation of crude oil, natural gas liquids and refined products.
By MARK SCOTT Jessica Kourkounis for The New York TimesThe Sunoco refinery in Philadelphia. The company is closing its refineries in the Northeast. The energy transportation and distribution company Sunoco agreed Monday to be sold to Energy Transfer
Energy Transfer Partners (NYSE:ETP), a natural-gas pipeline operator, has agreed to acquire independent refiner Sunoco (NYSE:SUN) in a $5.3 billion deal that would create one of the largest and most diversified energy partnerships in the
By Joseph Woelfel 04/30/12 – 07:47 AM EDT NEW YORK (TheStreet) — Energy Transfer Partners(ETP) reached a deal to buy refiner Sunoco(SUN) for $5.3 billion. "This transaction, which will be immediately accretive, represents the next step in Energy