Monday, 16 July 2007

Delek U.S. to buy minority stake in Lion Oil

(Reuters) - The transactions are expected to close in the third quarter
and are subject to regulatory and other approvals.




Privately held Lion Oil owns and operates a 75,000 barrel
per day, high conversion crude oil refinery in Arkansas, as well
as three crude oil pipelines and two refined petroleum products
terminals in Tennessee that supply some of Delek's 188
convenience stores in Tennessee.


Read more at Reuters.com Mergers News

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