A Suncor sale of Petro-Canada would transform company, alter Canadian gasoline retail landscape - The Globe and Mail
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7/19/2022 12:00:00 AM2 years 9 months ago
by Jeffrey Jones, Nicolas Van Praet
by Jeffrey Jones, Nicolas Van Praet
As Suncor could divest itself of Petro-Canada’s 1,500-site retail network, potential buyers face a risk of the infrastructure becoming obsolete as cars and trucks electrify
Suncor and U.S. activist investor Elliott Investment Management Inc. announced a deal that would see the company divest the 1,500-location Petro-Canada retail network.DARRYL DYCK/The Canadian Press … [+6225 chars]
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