COPEC and Delek US sign a definitive agreement for COPEC’s acquisition of Delek US’ retail assetsAcquisition Agreement • September 1st, 2016 • Delek US Holdings, Inc. • Petroleum refining
Santiago, Chile and Nashville, Tennessee - August 29, 2016 -- Compañía de Petróleos de Chile COPEC S.A. (SNSE:COPEC) (“COPEC”) and Delek US Holdings, Inc. (NYSE: DK)(“Delek”) have entered into a definitive agreement, whereby COPEC through its US subsidiary Copec Inc. will acquire 100% equity interest in MAPCO Express, Inc., and certain related affiliated companies, (together “MAPCO”) for cash consideration of $535 million (the “Transaction”).
EQUITY PURCHASE AGREEMENT by and among Delek US Holdings, Inc., Copec Inc. and Compañía de Petróleos de Chile COPEC S.A dated August 27, 2016Equity Purchase Agreement • September 1st, 2016 • Delek US Holdings, Inc. • Petroleum refining • Tennessee
This EQUITY PURCHASE AGREEMENT (this “Agreement”) is entered into as of August 27, 2016 (the “Execution Date”), by and among Delek US Holdings, Inc., a Delaware corporation (“Seller”), Copec Inc., a Delaware corporation (“Buyer”) and Compañía de Petróleos de Chile COPEC S.A, a Chilean corporation (“Buyer Guarantor” and, collectively with Buyer, the “Buyer Parties”). Buyer, Buyer Guarantor and Seller may be referred to herein individually as a “Party,” and collectively as the “Parties.”
