On the Record · Icahn Enterprises

Icahn Enterprises acquisitions, on the record

The businesses Icahn Enterprises bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
CVR Energy, Inc. Word for word“For example, in 2012, we acquired a controlling interest in CVR Energy, Inc. (‘‘CVR Energy’’), which started out as a position in our Investment segment and is now an operating subsidiary that comprises our Energy segment.” 10-K for 2023	acquisition	2012	—
CVR Energy common stock (partial sale) Word for word“During 2023, we decreased our ownership in CVR Energy through the sale of common stock resulting in proceeds of $158 million and as of December 31, 2023, we owned approximately 66% of the total outstanding common stock of CVR Energy.” 10-K for 2023	divestiture	During 2023	$158 million
Xerox Holding Corporation Word for word“During the third quarter of 2023, the Investment Funds sold their entire investment in Xerox.” 10-K for 2023	divestiture	During the third quarter of 2023	—
Auto Plus auction assets (acquired by AEP PLC LLC) Word for word“In connection with the Auto Plus auction, AEP PLC acquired $ 10 million of assets mostly comprised of Aftermarket Parts inventory during the year ended December 31, 2023.” 10-K for 2023	acquisition	during the year ended December 31, 2023	—
Development land and a country club (Real Estate segment) Word for word“Acquisition of businesses, net of cash acquired relates to our Real Estate segment’s purchase of an development land and a country club in 2023.” 10-K for 2023	acquisition	2023	—
PSC Metals Word for word“Proceeds from the sale of consolidated businesses include proceeds from the sale of PSC Metals in 2021.” 10-K for 2023	divestiture	2021	—
CVR Energy, Inc. common stock (tender offer) Word for word“On January 8, 2025, we completed a tender offer to acquire additional shares of CVR Energy’s common stock, purchasing a total of 878,212 shares, bringing our aggregate percentage ownership to approximately 67% of CVR Energy’s outstanding shares of common stock.” 10-K for 2024	acquisition	On January 8, 2025	878,212 shares
AEP PLC LLC (Auto Plus auction assets) Word for word“In connection with the Auto Plus auction, AEP PLC acquired $ 10 million of assets mostly comprised of Aftermarket Parts inventory during the year ended December 31, 2023.” 10-K for 2024	acquisition	during the year ended December 31, 2023	$ 10 million of assets mostly comprised of Aftermarket Parts inventory
Enzon Pharmaceuticals, Inc. Word for word“On June 20, 2025, Viskase, our majority owned subsidiary, entered into an Agreement and Plan of Merger (as amended, the “Merger Agreement”) with Enzon, of which we own 36,056,636 shares of common stock, which represents approximately 49% of the outstanding common stock of Enzon, and 39,277 shares of Enzon’s Series C Non-Convertible Redeemable Preferred Stock, which represents approximately 98% of the outstanding shares of such preferred stock, and Icahn Enterprises Holdings and certain of its affiliates entered into a Support Agreement (as amended, the “Support Agreement”) pursuant to which, among other things, it agreed to vote its shares of Enzon and Viskase in favor of the merger.” 10-K for 2025	agreed acquisition	June 20, 2025	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$1.01 billion	$209 million
2017-12-31	$249 million	$3 million
2018-12-31	$15 million	$8 million
2019-12-31	$39 million	$34 million
2020-12-31	$8 million	$14 million
2021-12-31	$20 million	—
2023-12-31	$20 million	—
2024-12-31	$2 million	—

Deal filings since 2016

2026-07-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-08-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-05-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-12-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-05-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-12-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-04-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-02-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-01-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-01-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-04-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-04-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-01-23 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-01-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-12-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets

Read from Icahn Enterprises’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.