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CORRECTED-Refiner Delek offers to buy rest of Alon USA
2016年10月14日 / 中午11点38分 / 1 年前

CORRECTED-Refiner Delek offers to buy rest of Alon USA

(Corrects paragraph 2 to say the offer is at a 16 percent discount, not 8 percent)

Oct 14 (Reuters) - Alon USA Energy Inc’s largest investor, Delek U.S. Holdings Inc, offered to buy the smaller refiner in a deal that values the company at about $516 million.

Delek, which already holds about 47 percent of Alon USA, offered 0.44 of its shares for each outstanding share of Alon USA. Based on Delek’s closing price of $16.42, the offer works out to $7.22 per share, a 16 percent discount.

Alon's shares closed at $8.60 on Thursday. The company had 71.4 million shares outstanding as of July 25, according to a regulatory filing. ( (Reporting by Arathy S Nair in Bengaluru; Editing by Don Sebastian)

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