IEP Jul 2024 19.000 call
- Reuters
Exclusive-Icahn-owned oil refiner CVR bidding in Citgo share auction, sources say
HOUSTON (Reuters) -Oil refiner CVR Energy, controlled by billionaire investor Carl Icahn, has submitted a binding offer in an ongoing auction of shares in the parent of Venezuela-owned Citgo Petroleum, according to three people familiar with the matter. CVR operates two U.S. refineries, the 115,000 barrel-per-day (bpd) Coffeyville in Kansas, and the 75,000-bpd Wynnewood in Oklahoma. The court has so far accepted bids from CVR, trading house Vitol and others as part of the historic sale process of one of the parents of Citgo, the seventh largest U.S. oil refiner.
- GuruFocus.com
Carl Icahn's Firm Expands Grip on Icahn Enterprises LP Holding
Guru real-time pick highlight
- GuruFocus.com
Carl Icahn's Strategic Acquisition in Icahn Enterprises LP
On June 25, 2024, a notable transaction in the financial markets unfolded as Carl Icahn (Trades, Portfolio), through Icahn Capital Management, augmented their holdings in Icahn Enterprises LP (NASDAQ:IEP) by purchasing an additional 20,418,007 shares. This move not only increased the firm's position in IEP by 5.29% but also had a substantial impact on their portfolio, with a 2.64% trade impact.
