Delek completes sale of insurer Phoenix to private equity firms

Israel’s Delek Group has completed the sale of a 32.5 percent stake in its insurer Phoenix Holdings for 1.57bn shekels ($446mn) to private equity firms Centerbridge Partners and Gallatin Point Capital.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 77 4160 9085

spencer.halladey@thomsonreuters.com

    Andy Stone

    Sales manager

    +44 (0) 77 4160 9204

    andy.stone@thomsonreuters.com

      M&A