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Sunoco LP to Acquire NuStar Energy L.P. in Transaction Valued at $7.3 Billion

Deals & Cases
January 22, 2024
Deals & Cases
January 22, 2024

Vinson & Elkins advised Sunoco LP (“Sunoco”) in its entry into a definitive agreement with NuStar Energy L.P. (“NuStar”) whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt.

The Vinson & Elkins team was led by corporate partners Lande Spottswood, Jackson O’Maley and Ramey Layne and associate Walt Baker, finance partner James Longhofer and associates Arthur Munoz and Joe Kmak, and tax partners Ryan Carney and Paige Anderson and associate Tyler Underwood.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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