Arbel Fund’s Acquisition of Shares in Delek Israel

Gornitzky represented Delek in the transaction.

Arbel Fund completed the acquisition of equity in Delek Israel for approximately NIS 450 million (approx. $132 million).

Delek Group Ltd. is an independent exploration and production company. The Company, through its subsidiaries, retails gasoline and lubricants, and operates gasoline convenience stores, a crude oil pipeline and refinery in the US.

The Gornitzky team was led by partners Partner Yaron Elhawi (Picture) Lior Porat and associate Dr. Yehonatan Shiman.

Involved fees earner: Yaron Elhawi – Gornitzky & Co.; Lior Porat – Gornitzky & Co.; Yehonatan Shiman – Gornitzky & Co.;

Law Firms: Gornitzky & Co.;

Clients: Delek Group Ltd.;

Author: Michael Patrini.