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

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Suncor opts to keep 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.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from 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.”Article content

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