Marathon Petroleum completes Andeavor combination

Marathon Petroleum Corp. closed the acquisition of all outstanding shares of Andeavor, with expected annual run-rate synergies of approximately $1 billion within three years.

“We are excited to begin unlocking the extraordinary potential across our new platform, including approximately $1 billion of tangible annual run-rate synergies we expect within the first three years.”bicmagazine.com

• 1 source
• bicmagazine.comMergers & acquisitions marketplace November 2018 - BIC MagazineNov 12, 2018

Summarized from public sources; check the original articles before acting on it.