.
MergerLinks Header Logo

New Deal


Announced

Sunoco to acquire NuStar Energy for $7.3bn.

Financials

Edit Data
Transaction Value£5,745m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium24%
One Off Charge-

Tags

Edit

United States

Pending

Majority

Single Bidder

Public

Domestic

Friendly

pipeline operator

liquid terminal

Oil Equipment and Services

Acquisition

Synopsis

Edit

Sunoco, a master limited partnership with core operations that include the distribution of motor fuel, agreed to acquire NuStar Energy, an independent liquids terminal and pipeline operator, for $7.3bn. The transaction has been unanimously approved by the board of directors of both companies and is expected to close in the second quarter of 2024 upon the satisfaction of closing conditions.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US