Seeking Alpha

Delek Group sells more shares in Delek US

  • Delek Group (DGRLY) has raised 140M shekels ($40.47M) after underwriters of a secondary offering exercised an option to acquire 1.38M shares in Delek US Holdings (DK).
  • Delek Group, whose stake in Delek US is falling to 7.5%, had already sold 9.2M shares as part of the offering.
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