BUZZ-Parkland Fuel Corp: Co to buy Pioneer Energy

Thu Sep 18, 2014 11:21am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Shares of Canada's largest fuel distributor and retailer up 8.2 pct at C$21.54

** Company said Wednesday it would buy fuel retailer Pioneer Energy, part-owned by Suncor Energy Inc, for C$378 million

** stock headed for biggest single-day gain in three years

** Up to Wednesday's close, Parkland's shares had risen 13 pct in past year