HollyFrontier and affiliate to buy Sinclair assets in $2.6 bln deal

HollyFrontier will pay $2.6 billion for almost all of Sinclair Oil’s assets, adding new refining, pipeline and storage facilities in the U.S. Rocky Mountain region, the company’s chief executive said on Tuesday. A new company, HF Sinclair Corp, will replace HollyFrontier as the public company trading on the New York Stock Exchange. HollyFrontier said that at […]