May 5 (Reuters) - Sunoco LP ( SUN ) said on Monday it

would buy Canada-based Parkland in a deal valued at

about $9.1 billion, including debt, in a move that would create

the largest independent fuel distributor in the Americas.

Under the terms of the agreement, Parkland shareholders will

receive C$19.80 in cash and 0.295 Sunoco ( SUN ) units for each Parkland

share.

The deal is expected to close in the second half of 2025

Sunoco ( SUN ), which operates in wholesale fuel distribution and

retail convenience, said the deal is expected to be immediately

accretive and generate more than $250 million in run-rate

synergies by the third year.