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DK - Delek to pay $128M for 33% stake in Plains' Red River pipeline JV
Delek US Holdings Inc.
Delek (DK, DKL) agrees to acquire a 33% ownership interest in the existing Red River crude oil pipeline system from Plains All American Pipeline (NYSE:PAA) for $128M, as the companies form a new joint venture that owns capacity on the pipeline.
More news on: Delek US Holdings, Inc., Delek Logistics Partners, LP, Plains All American Pipeline, L.P., Energy stocks news,