Marathon Petroleum to merge with Andeavor in $23.3bn deal

Marathon Petroleum, a US petroleum refining company has signed an agreement to acquire its rival Andeavor for $23.3 billion. Marathon acquisition of Andeavor is anticipated to result in a leading US integrated energy company with a $90bn plus initial enterprise value. The enlarged Marathon Petroleum following the merger with Andeavor will be headquartered in Findlay, […]

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LabCorp to sell Covance Food Solutions to Eurofins in $670m deal

Food acquisition news : LabCorp, a global life sciences company has struck a $670 million deal to divest its food testing and consulting business – Covance Food Solutions to testing laboratories company Eurofins Scientific. The offloading of Covance Food Solutions by LabCorp is being done to focus on its main mission of enhancing health and […]

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Marathon Petroleum to buy rival US petroleum refining company Andeavor for $23.3bn

Marathon Acquisition of Andeavor : US petroleum refining company Marathon Petroleum has agreed to acquire rival oil refining company Andeavor (formerly known as Tesoro) for $23.3 billion. Marathon Acquisition of Andeavor Marathon acquisition of Andeavor is expected to create a top US integrated energy company with an initial enterprise value of over $90 billion, and […]

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