Stock Titan Deals and strategy
Delek Holdings' Ownership of Delek Logistics Falls to About 58%
Delek Logistics Partners, LP has closed its public offering of 4.6 million common units at $50.00 per unit, generating approximately $220.8 million in gross proceeds to repay debt and for general partnership purposes. Notably, Delek US Holdings, Inc. did not purchase any units in this offering, resulting in its ownership stake in Delek Logistics decreasing from 63.0% to …