Suncor to consider sale of Petro-Canada
The sale is unlikely but if it did go through there would likely be "multiple players" involved in buying it, says Eight Capital analyst Phil Skolnick
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The sale is unlikely but if it did go through there would likely be "multiple players" involved in buying it, says Eight Capital analyst Phil Skolnick
Suncor says it has reached a deal with activist investor Elliott that will see it undertake a review of its downstream retail business.
CALGARY - Suncor Energy Inc. says it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its downstream retail business with the goal of "unlocking shareholder value."
CALGARY — Suncor Energy Inc. says it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its downstream retail business with the goal of "unlocking shareholder value.
Suncor Energy Inc. said Monday that it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its Petro-Canada gas station chain with the goal of "unlocking shareholder value.