Sunday, 13 October 2024
Home Delek US Holdings, Inc. Announces Closing of Sale of Retail Assets to FEMSA

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Delek US Holdings, Inc. Announces Closing of Sale of Retail Assets to FEMSA

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) announced today the closing of the previously announced sale of 100% of the equity interests in the Delek subsidiaries that operate Delek’s retail business (“Delek US Retail”) to a subsidiary of FEMSA (NYSE:FMX) for cash consideration of approximately $385 million, including the purchase of inventories. Avigal Soreq, President, and Chief Executive Officer of Delek, said, “The completion of the sale of Delek US Retail...

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