DELEK US HOLDINGS, INC. (NYSE:DK) Files An 8-K Other EventsItem 8.01 Other Events
OnMay 21, 2018, Delek US Holdings, Inc. (“Delek”)completed the sale offour asphalt terminals to an affiliate ofAndeavor. The saleincludedasphalt terminal assets in Bakersfield, Mojave and Elk Grove, California and Phoenix, Arizona, as well asDelek’s50 percent equity interest in the Paramount-Nevada Asphalt Company, LLC joint venture that operates an asphalt terminal located in Fernley, Nevada. The total estimated cash considerationwasapproximately $75.0 million,plusestimated working capital,which is subject to post-closing adjustments. The press release issued by Delek is filed as Exhibit 99.1 hereto and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
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(a) |
Financial statements of business acquired. |
Not applicable.
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(b) |
Pro forma financial information. |
Not applicable.
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(c) |
Shell company transactions. |
Not applicable.
(d) Exhibits.
Delek US Holdings, Inc. ExhibitEX-99.1 2 pressreleasedelekusannou.htm EXHIBIT 99.1 – PRESS RELEASE ASPHALT SALE 05.21.18 pressreleasedelekusannou Delek US Announces Closing of the Sale of its West Coast Asphalt Terminals May 21,…To view the full exhibit click here
About DELEK US HOLDINGS, INC. (NYSE:DK)
Delek US Holdings, Inc. is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Company operates through three segments: Refining, Logistics and Retail. Its Refining Segment operates independent refineries in Tyler, Texas, and El Dorado, Arkansas with a combined design crude distillation capacity of approximately 155,000 barrels per day (bpd). The Logistics Segment gathers, transports and stores crude oil and markets, distributes, transports and stores refined products in select regions of the southeastern United States and west Texas for both its refining segment and third parties. Its Retail Segment markets gasoline, diesel, other refined petroleum products and convenience merchandise through a network of over 360 Company-operated retail fuel and convenience stores located in Alabama, Arkansas, Georgia, Kentucky, Mississippi, Tennessee and Virginia.
