Monday 30 April 2012 8:30 pm  |  Updated:  Thursday 30 May 2019 8:44 am

Energy Transfer to buy Sunoco

By: KCS-content

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■ Pipeline operator Energy Transfer Partners has agreed to buy Sunoco for $5.35bn (£3.30bn) to get into the more lucrative crude oil transportation business. Energy Transfer Partners is paying a 22.5 per cent premium over Friday’s closing share price.