Parkland enters into agreement to sell its Canadian propane business CALGARY, AB, June 5, 2024 /PRNewswire-HISPANIC PR WIRE/ — Parkland Corporation (”Parkland”, “we”, the “Company”, or “our”) (TSX: PKI), announced today it has entered into an agreement with Avenir Energy Ltd. to divest its Canadian commercial propane business for cash consideration of approximately $115 million, and to exclusively supply fuel for ten years (the “Divestment”). “This transaction is a big step toward achieving our target of $500 million from the […]
