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Article: Delek Real Estate in talks to sell 4.9 percent stake to Migdal, Ahouvi: After the sale, the company will be eligible for inclusion in the Tel Aviv 100 index.
- Article from:
- Globes
- Article date:
- December 3, 2006
CopyrightCOPYRIGHT 2006 Globes. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Guy Yamin
Dec. 3--Delek Real Estate Ltd. (TASE: DLKR) is negotiating to allocate 4.9 percent of its share capital to Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) and Igal Ahouvi for $50 million. Migdal will buy 3 percent of the company and Ahouvi 1.9 percent. The sales would be at Delek Real Estate's market price. After the sale, the public will own over 20 percent of Delek Real Estate, making eligible for inclusion in the Tel Aviv 100 index. Delek Group Ltd. (TASE: DLEKG) currently owns 71.5 percent of the company, Bank Hapoalim (LSE: BKHD; TASE: ...
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Article: Hapoalim in talks to buy 15% of Delek Real ...
Jerusalem Post;
October 20, 2005 ;
286 words
... ... Hapoalim in talks to buy 15% of Delek Real Estate Byline: AVI KRAWITZ Edition ... negotiations to buy 15 percent of Delek Real Estate, the two companies said in ... Thursday. At the same time, Delek Real Estate confirmed reports that it is ...
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