Sunoco LP to Acquire NuStar Energy L.P. in Transaction Valued at $7.3 Billion

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Sunoco (SUN) to acquire NuStar Energy (NS) in all-stock deal worth $7.3bn

January 22, 2024 8:41 AM EST

NuStar Energy L.P. (NYSE: NS) shares jumped over 21% premarket Monday after it was announced the company has entered an agreement to be acquired by Sunoco LP (NYSE: SUN) in an all-equity deal valued at $7.3 billion, including assumed... More