Carlyle Group (CG) is closing in on a deal to purchase Sunoco's (SUN) 330K bbl/day oil refinery...

|About: The Carlyle Group (CG)|By:, SA News Editor

Carlyle Group (CG) is closing in on a deal to purchase Sunoco's (SUN) 330K bbl/day oil refinery in Philadelphia, CNBC's Kate Kelly reports. The exclusivity deal SUN and Carlyle signed in April is set to expire this Friday if a deal can’t be reached. If Carlyle does buy SunPhilly, the plant "will likely come on the cheap," according to the report.