HollyFrontier to buy Suncor’s Petro-Canada lubricants unit for $1.13-billion

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HollyFrontier to buy Suncor's Petro-Canada lubricants unit for $1.13-billion

Oil refiner HollyFrontier Corp said it had agreed to buy Suncor Energy Inc’s Petro-Canada lubricants unit for $1.13-billion. The deal will immediately add to HollyFrontier’s earnings per share and cash flow, the company said on Monday.
Source The Globe and Mail
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