Oct 10 (Reuters) - Parkland Fuel Corp PKI.TO , Canada-based marketer of petroleum products, said on Wednesday it would buy a 75 percent stake in privately held SOL Investments Ltd and its subsidiaries for C$1.57 billion ($1.21 billion).
Upon closing of the deal, SOL's parent company Simpson Group, will own about 10 percent of the issued and outstanding shares in Parkland, the companies said in a statement. = 1.2959 Canadian dollars)