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

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/47433
Published: 2026-11-03T06:56:46.000Z
Updated: 2026-11-03T06:56:46.000Z
Section: Business

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

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.