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Sunoco, NuStar Energy's pull-and-refile with US FTC restarted 30-day clock for agency's merger review

By Ilana Kowarski ( March 20, 2024, 23:16 GMT | Insight) -- Sunoco pulled and refiled the US premerger antitrust paperwork for its $7.3 billion acquisition of NuStar Energy with the Federal Trade Commission on March 8, according to a securities filing Sunoco submitted today. Sunoco's pull-and-refile maneuver extends the FTC's time for initial merger review through April 8. Fuel-distribution company Sunoco pulled and refiled the US premerger antitrust paperwork for its $7.3 billion acquisition of NuStar Energy, a petroleum distributor and storage facility operator, with the Federal Trade Commission on March 8, according to a securities filing Sunoco submitted today. Sunoco's pull-and-refile maneuver extends the FTC's time for initial merger review through April 8. ...

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