Connect with us

Hi, what are you looking for?

Jewish Business News


Delek in Advanced Talks to Sell Roadchef for $250 Million


Delek Group Ltd. (TASE: DLEKG) reported to the Tel Aviv Stock Exchange this morning that it is in advanced talks to sell UK roadside services company Roadchef to a British investment fund. No financial details were disclosed but market sources estimate that sale could be for about $250 million.

Delek unit Delek Real Estate acquired Roadchef in March 2007. But the UK recession in 2008 hit Roadchef’s financial performance and the British company was sold to parent company Delek, controlled by Yitzhak Tshuva, in 2010.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

The potential sale of Roadchef is part of Delek’s strategy to focus on its core business in energy and gas exploration and production. As part of this strategy the company recently sold, among other things, 15.5% of Delek USA for $260 million.


Published by Globes [online], Israel business news –



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 Movie The Professional is what made Natalie Portman a Lolita.


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.