Energy Transfer Equity LP, a U.S. pipeline company that recently agreed to acquire Williams company, could be putting up for sale gas station and convenience store chain Sunoco, reported Fortune.
The potential deal, which has been tipped by three sources familiar with the matter, could be worth over $2 billion.
In reports which have not been confirmed by either company, one of the sources explains Energy Transfer started to consider the offload of Sunoco in early 2016 after it was approached by a potential buyer.
Sunoco operates about 900 convenience stores and fuel outlets in eight US states; and has a market capitalization of $3.3 billion.
After the costly acquisition of Williams Companies, valued at $33 billion in stocks and cash in the agreement, Energy Transfer could be trying to balance the company´s numbers in the wake of low oil prices.
