Market Flux Event
CVR Energy Near $4 Billion-Plus Deal to Buy Marathon Petroleum Refineries
Read this in the Market Flux appCVR Energy, the oil refiner controlled by activist investor Carl Icahn, is close to a deal worth more than $4 billion to acquire refineries from Marathon Petroleum, according to the Wall Street Journal. The agreement would represent a significant expansion of CVR's refining footprint and comes at a moment when U.S. refiners have benefited from stronger sales driven by global conflicts that have tightened energy markets.
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Sources
- NasdaqMarathon Petroleum Corporation Elects David E. Constable to Board of Directors, Effective March 1, 2027
- WsjCarl Icahn’s CVR Energy Near Over $4 Billion Deal for Marathon Refineries
- WSJmarketsCVR Energy, the oil refiner controlled by investor Carl Icahn, is near a more than $4 billion deal to buy refineries from Marathon Petroleum
- ReutersCVR Energy nears more than $4 billion deal for Marathon refineries, WSJ reports
- Seeking AlphaCarl Icahn’s CVR Energy reportedly nears $4B deal to acquire Marathon refineries
- BusinessCVR Energy is near a deal to buy refineries from Marathon Petroleum for more than $4 billion, according to a report
- StaunovoCVR Energy is near a deal to buy refineries from Marathon Petroleum for more than $4 billion, according to a report #oott