Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
CVR Energy Commences $750 Million Share Offering

CVR Energy Commences $750 Million Share Offering

MT newswireMT newswire2026/11/03 13:01
09:01 AM EST, 11/03/2026 (MT Newswires) -- CVR Energy (CVI) has commenced an underwritten public offering of $750 million of shares, the company said Tuesday. The company is offering $500 million of its shares, and IEP Energy, an indirect subsidiary of Icahn Enterprises (IEP), is offering another $250 million, the company said. IEP Energy also plans to grant underwriters a 30-day option to purchase up to $112.5 million in additional shares, the company said. CVR will not receive any proceeds from the IEP Energy sale, it said. CVR shares were 2.3% lower in premarket trading.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries

A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

华尔街见闻•2026/11/09 10:26
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries