Sunoco LP (NYSE:SUN) entered into a definitive agreement to acquire certain convenience store locations from Speedway LLC for $5 million on January 18, 2019. The consideration for the deal was $5 million plus plus working capital adjustments. In a related transaction, Sunoco acquired wholesale fuel distribution business from Schmitt Sales Inc. The combined purchase price for the acquisitions was $50 million plus working capital adjustments. Sunoco also executed a definitive agreement to sell ethanol plant in Fulton to Attis Industries Inc. (NASDAQ: ATIS) for $20 million. Sunoco will fund the transactions with cash on hand and amounts available under its revolving credit facility, while continuing to maintain its targeted leverage ratio. Sunoco will convert the acquired convenience store locations to wholesale distribution sites. These transactions are expected to be accretive to Sunoco with respect to distributable cash flow in the first year.