Delek US Holdings has agreed to sell all of its equity interests in the subsidiaries that operate Delek's retail business to a subsidiary of Fomento Economico Mexcn SAB de CV for $385 million. The transaction, announced Aug. 1, is expected to close in the fourth quarter 2024. Brentwood, Tennessee-based Delek was advised by a Baker Botts team including partner Dan Mark and Carlos Sole. Counsel information for Fomento Economico was not immediately available.
Energy
August 02, 2024, 11:18 AM