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Home Definitive Agreement Signed for FEMSA’s Acquisition of Retail Assets from Delek US

The following content is a news release distributed by . The original news release may be found here.

Definitive Agreement Signed for FEMSA’s Acquisition of Retail Assets from Delek US

NASHVILLE, Tenn--(BUSINESS WIRE)--FEMSA (NYSE:FMX) and Delek US Holdings, Inc. (NYSE:DK) (“Delek”) have entered into a definitive agreement, whereby a subsidiary of FEMSA will acquire 100% of the equity interests in the Delek subsidiaries that operate Delek’s retail business (“Delek US Retail”) for cash consideration of $385 million (the “Transaction”), including the purchase of inventories. The transaction is anticipated to close sometime late in the third quarter or in the fourth quarter 2024...

Read the full news release here

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