Delek US Holdings to complete acquisition of Alon USA Partners by February 7s

January 15, 2018 |

In Tennessee, Delek US Holdings, Inc. and Alon USA Partners, LP announced that Delek US’ Registration Statement on Form S-4 has been declared effective by the Securities and Exchange Commission and that Alon Partners has filed a definitive consent statement with the SEC with respect to the proposed acquisition. The consent process will conclude on February 5, 2018.

A subsidiary of Delek US currently owns approximately 51.0 million common units of Alon Partners, or approximately 81.6 percent of the outstanding units. This subsidiary has executed a written consent adopting and approving in all respects the merger agreement and the transactions contemplated thereby, including the merger. The delivery of the AAI Written Consent is sufficient to adopt the merger agreement and to approve the acquisition of Alon Partners by Delek US without the receipt of written consent from any other holder of Alon Partners common units. Delek US expects the closing of the acquisition to occur on February 7, 2018, subject to the satisfaction or waiver of the remaining customary conditions to closing.

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