Sunoco (SUN) and Carlyle Group (CG) reportedly reach agreement to keep SUN's 335K bbl/day...

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

Sunoco (SUN) and Carlyle Group (CG) reportedly reach agreement to keep SUN's 335K bbl/day Philadelphia refinery operational. The two companies have been in talks since April to keep the U.S. east coast's largest refinery open, and union members were expected to ratify a labor agreement, removing a hurdle to the deal; otherwise, the plant likely would be closed.