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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:51 EDTDGRLY, DKDelek US lower after Delek Group sells 3M shares at $30.33
Delek Group (DGRLY) reported that on Tuesday, March 18, after the close of trading the company sold a portion of its holdings in Delek US (DK) in an off-market transaction to a foreign financial institution. Delek Group sold 3M ordinary shares of Delek US at the price of $30.33 per share for a total consideration of $91M. Following the sale, the company holds approximately 25.4% of Delek US share capital. Shares of Delek US are trading down 4%, or $1.20, to $30.65 in pre-market trading.
News For DK;DGRLY From The Last 14 Days
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June 25, 2015
12:34 EDTDGRLY, DKNoble, Delek to maintain control of Leviathan gas field, Reuters says
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June 21, 2015
18:36 EDTDGRLYDelek Group to sell 52% stake in Phoenix to Fosun for NIS1.82B
Delek Group (DGRLY) announced that on June 21, it entered into a binding agreement with PI Emerald II, a wholly-owned subsidiary of Fosun (FOSUF), for the sale of all Delek holdings in Phoenix Holdings, amounting to 52.31%. The consideration set in the agreement is approximately NIS1.82B. This sum includes approximately NIS1.76B plus annual interest of 4.75% for the period from September 30, 2014 until the signature date.

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