UPDATE 3-Marathon to buy BP Texas City refinery for up to $2.5 bln
Posted on October 08, 2012 at 12:41 PM EDT
HOUSTON, Oct 8 (Reuters) - Marathon Petroleum Corp struck a deal to buy BP Plc's Texas City refinery and related infrastructure for up to $2.5 billion, a purchase that will make Marathon the fourth-largest U.S. refiner and give it a bigger potential slice of the market for refined product exports.