Don?t cancel those plans for Sunoco to sell its aging Philadelphia refineries.
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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. Read Post
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: Read Post
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. Read Post