secwatch.observer — SEC 8-K summary
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Issuer:     Delek US Holdings, Inc. (DK)
CIK:        0001694426
Form:       8-K
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0001694426-24-000136
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek US Holdings closes $385M sale of retail assets to FEMSA
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- Closed sale of 100% equity in Delek US Retail subsidiaries to FEMSA for ~$385M cash, including inventory.
- Sold 249 retail stores located in Texas, New Mexico, and Arkansas.
- Entered a 10-year supply agreement for fuel to the acquired entities.
- Pro forma gain on sale estimated at $79.7M net of tax; sale will be reported as discontinued operations.
- Pro forma cash and cash equivalents increased to $1.04B as of June 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694426/000169442624000136/0001694426-24-000136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694426/000169442624000136/dk-20240930.htm
  HTML page:      https://secwatch.observer/filing/0001694426-24-000136

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