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Category: Commercial

Sunoco makes $9.1B bid for Parkland, activist investor vows fight

RENX Staff Commercial Transactions Calgary May. 5 2025

UPDATED with Simpson Oil reaction: Sunoco LP (SUN-N) is bidding to acquire Calgary-based Parkland Corporation (PKI-T) in a transaction valued at US$9.1B, but the deal is being opposed by Parkland's largest shareholder Simpson Oil.

RIMAP Hospitality opens downtown Ottawa AC Hotel, plans 2 more

Steve McLean Commercial Hotels and Resorts Ottawa May. 2 2025

The AC Hotel by Marriott Ottawa Downtown has just opened in the heart of the nation's capital, the first of three Marriott-branded hotels being developed in the city by RIMAP Hospitality Services Inc.

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