UPDATE 2-Parkland Fuel to buy 75 pct in fuel marketer SOL Investments for C$1.57 bln

Parkland Fuel Corp, a Canada-based marketer of petroleum products, said on Wednesday it would buy a 75 percent stake in privately held SOL Investments Ltd for C$1.57 billion ($1.21 billion), to expand further in the U.S. Gulf and the Atlantic coasts.