Nov 21 (Reuters) - Sunoco Logistics Partners LP said on Monday it would buy Energy Transfer Partners LP in a deal valued at $19.93 billion.
Sunoco Logistics said ETP shareholders would get 1.5 Sunoco units for each ETP share they own, which works out to about $39.30 per share, a slight discount to the stock’s Friday close of $39.37.
ETP owns about 21 pct of Sunoco Logistics, according to Thomson Reuters data.
Sunoco Logistics’ general partner is a unit of ETP.
Reporting by Vishaka George in Bengaluru; Editing by Martina D'Couto