Business2 sources
CVR Energy Nears $4 Billion Deal to Acquire Marathon Refineries
- CVR Energy, controlled by Carl Icahn, is near a deal to buy Marathon Petroleum's refineries for over $4 billion.
- The deal was reported by the Wall Street Journal, citing people familiar with the matter.
- The transaction is expected to close soon, pending final agreements.
- Marathon Petroleum is selling its refineries as part of a strategic restructuring.
- CVR Energy plans to finance the acquisition through a combination of debt and equity.