Delek Group Ltd. (TASE: DLEKG), controlled by Yitzhak Tshuva, has sold another block of shares in Delek US Holdings Inc. (NYSE:DK). Delek Group notified the TASE today that, after the New York Stock Exchange closed on Thursday, it sold two million Delek US shares at $32.18 per share for $64 million (NIS 233 million).
Delek Group added that it will report the effect of the sale in its financial report.
In March, Delek Group sold nine millions Delek US shares, 19% of the company, for $355.5 million. After the sale, Delek Group owned 20,186,432 shares of Delek US, amounting to 34.4% of the company.
Delek US's share price fell 3.1% on Friday to $32.21, giving a market cap of $1.93 billion.
Published by Globes [online], Israel business news - www.globes-online.com - on June 16, 2013
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