In this latest in a series of acquisition deals, Ithaca will pay $940 million in stock, giving Eni a 37.3% stake in the Delek unit. Delek itself, controlled by Yitzhak Tshuva, will remain with a 52.7% stake in Ithaca, down from nearly 90% before the deal. 10% of Ithaca’s shares will continue to be traded on the London Stock…
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News Source: en.globes.co.il