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Sunoco Deals Could Keep Coming

Don?t cancel those plans for Sunoco to sell its aging Philadelphia refineries.
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Sunoco to Sell Refineries

Business & Finance : DealBook

Sunoco on Tuesday said it was exiting the refining business, the latest move by the oil company as it refocuses on the retail and logistics operations.

Can Private Equity Run Refineries Any Better?

Business & Finance : Deal Journal -

Sunoco is in exclusive talks with private-equity house Carlyle Group about a joint-venture for its Philadelphia refinery. But that might not be all that comforting to Sunoco investors.

Carlyle-Sunoco Refinery Deal — By the Numbers

Business & Finance : Deal Journal -

Carlyle Group's deal to take over Sunoco's Philadelphia refinery carries a lot of weight. Here, to put it in perspective, are some key figures on the deal:

Carlyle’s Sunoco Deal Casts Glow Over Private Equity

Business & Finance : Deal Journal -

Private-equity shops have been portrayed as villains this year in the run-up to the presidential election. But today, Carlyle is being cast something of an American hero in its deal to take over a Sunoco refinery in Philadelphia.

Sunoco-Carlyle Refinery Deal Buoys Philly Credit Rating

Business & Finance : Deal Journal -

Sunoco's joint venture with the Carlyle Group that will keep East Coast's largest refinery running is a boost to Philadelphia's credit rating, says Moody's, which rates the refinery's hometown A2.


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