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.
CVR Energy Nears $4 Billion Deal to Acquire Marathon Refineries | Split Angle