CVR Energy Agrees to Buy Two Refineries and Logistics Assets for $4.2 Billion
CVR Energy agreed to acquire the St. Paul Park and Mandan refineries, related marketing operations and logistics assets, and minority interests in pipeline-related entities from Marathon Petroleum affiliates for $4.2 billion in cash, subject to adjustments.
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CVR ENERGY: CO TO PAY REVERSE TERMINATION FEE OF $168 MLN FOR OTHER SPECIFIED FAILURES TO MARATHON P
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WASHINGTON (dpa-AFX) - Refiner Marathon Petroleum Corp. (MPC) and midstream operator MPLX LP (MPLX) announced on Tuesday that they have agreed to sell two refineries and related midstream assets in Minnesota and North Dakota to CVR Energy Inc. (CVI) for $4.2 billion, plus inventory value and subjec…
CVR Energy agreed to acquire the St. Paul Park and Mandan refineries, related marketing operations and logistics assets, and minority interests in pipeline-related entities from Marathon Petroleum affiliates for $4.2 billion in cash, subject to adjustments. To help fund the transaction, the company…