KEY DOCUMENTS
NEWS
June 16, 2025
ISS and Glass Lewis Endorse Parkland's Value-Enhancing Arrangement with Sunoco
CALGARY, ALBERTA – June 16, 2025 – Parkland Corporation ("Parkland", "we", "our", or the "Company") (TSX: PKI) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis") are recommending shareholders vote FOR the proposed arrangement (the "Arrangement") with Sunoco LP ("Sunoco") at the upcoming Annual and Special Meeting of Shareholders (the "Meeting"). Both firms highlighted the strategic and financial merits of the Arrangement as the basis for their recommendations.
May 28, 2025
Parkland Files Management Information Circular for Arrangement with Sunoco
CALGARY, AB, May 28, 2025 /CNW/ – Parkland Corporation ("Parkland", "we", the "Company" or "our") (TSX: PKI) today announced the filing of its Management Information Circular (the "Circular") and accompanying materials for the upcoming annual and special meeting (the "Meeting") of the Parkland shareholders (the "Company Shareholders") in connection with its previously announced strategic
transaction involving Sunoco LP ("Sunoco"), and a wholly-owned subsidiary of Sunoco group ("SunocoCorp").
This transformative transaction marks a pivotal moment for Parkland, delivering immediate value to Company Shareholders while
positioning the combined company for long-term growth. The transaction will be implemented by way of a plan of arrangement (the "Plan of Arrangement") under the Business Corporations Act (Alberta) (the "Arrangement").
May 05, 2025
Parkland Corporation to be Acquired by Sunoco LP
CALGARY, AB, May 5, 2025 /CNW/ - Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and Parkland Corporation (TSX: PKI) ("Parkland") announced today that they have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately U.S.$9.1 billion, including assumed debt (the "Transaction").
April 16, 2025
Parkland Announces Management and Business Updates
CALGARY, AB – April 16, 2025 – Parkland Corporation ("Parkland" or the "Company") today announced key management and business updates.
CEO Succession
Bob Espey has informed the Board of Directors that he will step down as President and Chief Executive Officer of Parkland.
“On behalf of the Board, I would like to thank Bob for his vision and leadership over the last fifteen years as President & CEO,” said Michael Jennings, Executive Chair of Parkland. “Bob has led Parkland through a period of exponential growth, transforming the Company from a small regional fuel retailer into one of Canada’s leading fuel and convenience retailers with international operations in twenty-six countries. We thank him for his unwavering commitment and dedication.”
April 07, 2025
Parkland Announces 2025 Board Nominees and Filing of Management Information Circular
Adds Three Simpson Nominees to its Board Slate, and will Include One on the Special Committee Overseeing the Strategic Review Appoints Brad Monaco as permanent Chief Financial Officer, effective immediately
CALGARY, AB, April 7, 2025 – Parkland Corporation ("Parkland", “we”, the "Company" or “our”) (TSX: PKI) will today file a management information circular and accompanying materials in connection with its upcoming annual general meeting of shareholders (“AGM”), scheduled to take place at 9:00 a.m. (MT) on May 6, 2025, in-person, in Calgary, Canada.
April 6, 2025
FUEL RETAILER PARKLAND CORP. DELIVERS STRONG QUARTER IN WAKE OF ACTIVIST INVESTOR PUSH
Less than 12 months after an activist investor critiqued its performance, fuel retailer Parkland Corp. Parkland Corp. has doubled its third quarter profit and announced it will exceed its previously announced earnings guidance for 2023...
