Suncor opts to keep its Petro-Canada gas stations in rebuff to activist investor

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Suncor opts to keep its Petro-Canada gas stations in rebuff to activist investor
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Suncor says it will \u0022improve and optimize\u0022 Petro\u002DCanada so that retail will add more to its bottom line. Find out more.

But instead of a sale, Suncor’s board of directors said a “comprehensive review” prompted it to decide to “improve and optimize” Petro-Canada, promising changes that will lead to retail becoming a bigger contributor to Suncor’s bottom line.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

on Nov. 29. “Petro-Canada is a unique, differentiated, and strategic asset due to its strong national network and best in market consumer brand and loyalty program.”

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