May 05, 2025
Weil is advising Sunoco LP in its definitive agreement with Parkland Corporation whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt. As part of the transaction, Sunoco intends to form a new publicly-traded Delaware limited liability company named SUNCorp, LLC. The transaction is expected to close in the second half of 2025.
The Weil team is led by Mergers & Acquisitions partners Michael J. Aiello, Sachin Kohli and Michelle Sargent and includes Mergers & Acquisitions counsel Robert Sevalrud and associates Joe Diaz, Leah Soloff and Katie Retzbach; Tax Head Joseph Pari, International Tax Head Devon Bodoh and associates Madeline Joerg and Grant Solomon; Executive Compensation & Benefits Head Paul Wessel and associate Amanda Nowak; Antitrust partner Megan Granger and counsel Carla Hine and Marie-Marie de Fays; Public Company Advisory Group partner Adé Heyliger; and Private Funds Regulatory partner David Wohl.