Sunoco LP to merge with NuStar Energy L.P. after NuStar Unitholders' Approval
Acquiring Company
Sunoco
Acquired Company
NuStar Energy L.P
Description
Sunoco LP (NYSE: SUN) and NuStar Energy L.P. (NYSE: NS) announced the approval by NuStar unitholders of the previously announced merger, pursuant to which NuStar will merge with and into a merger subsidiary of Sunoco. The transaction is expected to close on or about May 3, 2024, subject to the satisfaction of customary closing conditions.
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Who to call at Sunoco, and when
When Sunoco changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired NuStar Energy L.P?
NuStar Energy L.P was acquired by Sunoco, based in Dallas. The deal was reported on May 1, 2024. Sunoco is publicly traded (SUN) and operates in Energy.
When did Sunoco acquire NuStar Energy L.P?
Sunoco's acquisition of NuStar Energy L.P was reported on May 1, 2024. Sunoco LP (NYSE: SUN) and NuStar Energy L.P. (NYSE: NS) announced the approval by NuStar unitholders of the previously announced merger, pursuant to which NuStar will merge with and into a merger subsidiary of Sunoco. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does NuStar Energy L.P do?
NuStar Energy L.P. It is privately held, operating in Energy, and is based in San Antonio.
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