Sunoco to buy Offen Petroleum for USD 600 million in cash

Reuters2026/08/06 21:15

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Sunoco agreed to buy Offen Petroleum in an all-cash deal valued at about $600 million.
Offen distributes about 2.5 billion gallons of fuel a year, serving roughly 7,000 customers and more than 800 retail stations.
The deal expands Sunoco’s footprint across the Midwest, Mountain West, and Southwest.
Closing is expected in the fourth quarter of 2026, subject to regulatory approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SunocoCorp LLC published the original content used to generate this news brief via Business Wire (Ref. ID: 202608061615BIZWIRE_USPR_____20260806_BW623357) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sunoco to buy Offen Petroleum for USD 600 million in cash

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