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Petrochemical stock sale. (Oil Refineries Ltd. to sell Israel Petrochemical Enterprises Ltd. stake) (Chemicals)
Petrochemical Stock Sale
The Oil Refineries directorship plans to sell its 12.5% holding in Israel Petrochemical Enterprises. The sale will be carried out through a private brokerage house or the investment arm of one the large banks. Several groups, including the Delek Israel Fuel Corporation, which holds 10% of the petrochemicals stock, have expressed interest in buying the shares. Control of Israel Petrochemicals is effectively held by a group of investors led by South American businessman Joel Ostrowicz who owns 26% of the …
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- Refineries to sell petrochemical shares. (Oil Refineries Ltd., Israel...
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Magazine article from: ICEN
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