SUN - Sunoco LP Announces Sale of West Texas Assets Acquisition of European Liquid Fuels Terminals and Reaffirms 2024 Adjusted EBITDA Guidance Range | Benzinga
DALLAS, Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE:SUN) ("SUN" or the "Partnership") today announced that it has entered into a definitive agreement for the sale of 204 convenience stores to 7-Eleven, Inc. ("7-Eleven") for approximately $1.0 billion. SUN also announced its intention to acquire liquid fuels terminals in Amsterdam, Netherlands and Bantry Bay, Ireland from Zenith Energy.
West Texas Sale
On January 11, 2024, SUN entered into a definitive agreement with 7-Eleven to sell 204 convenience stores located in West Texas, New Mexico, and Oklahoma for approximately $1.0 billion, including customary adjustments for fuel and merchandise inventory. As part ...