CVR Refining, the oil refiner controlled by Carl Icahn, will offer 20M units for $24-$26 each,...

|About: CVR Energy, Inc. (CVI)|By:, SA News Editor

CVR Refining, the oil refiner controlled by Carl Icahn, will offer 20M units for $24-$26 each, increasing the fundraising target for its IPO to as much as $520M. Icahn's group says it may buy units worth as much as $100M. CVR Energy (CVI) will own 86% of the partnership and control it through ownership of its general partner after the IPO. CVI +1.1% premarket.