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Delek US Holdings Completes $385 Million Sale of Retail Subsidiaries
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Delek US Holdings Completes $385 Million Sale of Retail Subsidiaries
Oct 2, 2024 10:45 PM

03:55 AM EDT, 10/02/2024 (MT Newswires) -- Delek US Holdings ( DK ) said late Tuesday it has closed a sale of subsidiaries that operate its retail business to a unit of FEMSA (FMX) for $385 million in cash.

Delek President and Chief Executive Officer Avigal Soreq said the sale creates value.

The consideration amount includes the purchase of inventories.

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