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| Yitzhak Tshuva |
Omri Cohen
A report in the "New York Post" citing an unidentified source said that CVR Energy is considering acquiring Delek US.
Carl Icahn's CVR Energy is interested in acquiring Delek US Holdings Inc. (NYSE:DK), controlled by Yitzhak Tshuva's Delek Group Ltd. (TASE:DLEKG) according to a report in the "New York Post," which cited an unidentified source close to the matter.
The report boosted Delek US's share price by 10.14% on Friday to $16.14, giving a market cap of $1.01 billion. The share has risen 31% since the start of August after falling 60% over the past year.
Delek US owns two refineries in Texas and Arkansas and 360 gas stations in seven US states as well as a 47.4% stake in Alon USA Energy Inc. (NYSE:ALJ).
Both CVR Energy and Delek US declined to comment.
Published by Globes [online], Israel business news -www.globes-online.com - on August 14, 2016 - © Copyright of Globes Publisher Itonut (1983) Ltd. 2016
SOURCE
Carl Icahn's CVR Energy is interested in acquiring Delek US Holdings Inc. (NYSE:DK), controlled by Yitzhak Tshuva's Delek Group Ltd. (TASE:DLEKG) according to a report in the "New York Post," which cited an unidentified source close to the matter.
The report boosted Delek US's share price by 10.14% on Friday to $16.14, giving a market cap of $1.01 billion. The share has risen 31% since the start of August after falling 60% over the past year.
Delek US owns two refineries in Texas and Arkansas and 360 gas stations in seven US states as well as a 47.4% stake in Alon USA Energy Inc. (NYSE:ALJ).
Both CVR Energy and Delek US declined to comment.
Published by Globes [online], Israel business news -www.globes-online.com - on August 14, 2016 - © Copyright of Globes Publisher Itonut (1983) Ltd. 2016
SOURCE
