Connect with us

Hi, what are you looking for?

Jewish Business News


Tshuva Reports Sale of More Shares of US Refining Affiliate Delek US


/ By Ilan Shavit /

Yitzhak Tshuva’s Delek Group continues to add to its liquidity by selling another block of shares in its American refinery business Delek US Holdings.
With this transaction, it has picked up US$64 million by selling 2 million shares of Delek US shares at an average price of  about US$32 each.
Earlier, in March this year Delek Group also sold 9 million shares of Delek US Holdings for about US$355 million.  With the current sale their total remaining holding falls to about 30% of that company.
Delek US is a publicly listed refinery operator, oil products distributor and convenience-retailer in the United States with a market cap of about US$1.9 billion.
The Delek Group, controlled by Yitzhak Tshuva, has been steadily investing in its offshore natural gas deposits in the Tamar and Leviathan fields off the coast of Israel, which are now just beginning to deliver gas to the Israeli market.


  1. Pingback: Tshuva Reports Sale of More Shares of <b>US</b> Refining Affiliate Delek <b>…</b> | Radio Slot Network

  2. Pingback: Daily Marketing News | Tshuva Reports Sale of More Shares of US Refining Affiliate Delek …

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

cialis cialis satış