- Delek US Holdings (NYSE:DK) agrees to sell its 348 MAPCO Express gasoline stations and convenience stores to Compania de Petroleos de Chile for $535M.
- DK says the deal provides additional financial flexibility, which can be used to support Delek Logistics Partners (DKL) as it explores growth opportunities.
- COPEC owns Chile's largest convenience store network with more than 900 owned and affiliated sites.
- DK says it will continue to supply fuel to certain MAPCO retail locations under an 18-month supply agreement.