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CVR Energy Nears More Than $4 Billion Deal for Marathon Refineries

An announcement on the proposed transaction is expected Tuesday, Nov. 3.

By John Kim
Published
Refinery pipes and distillation towers in warm evening light / TokenPost.ai
Refinery pipes and distillation towers in warm evening light / TokenPost.ai

CVR Energy is nearing an agreement valued at more than $4 billion to acquire refineries from Marathon Petroleum, with an announcement expected Tuesday, Nov. 3.

Investor Carl Icahn controls CVR Energy, an oil refiner. The proposed transaction involves Marathon Petroleum refineries.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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