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Delek Group

Company Summary

Description

Delek Group is an Israeli conglomerate and one of Israel's largest companies, which the majorly owned by Yitzhak Tshuva a self-made multi-billionaire

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Company Transactions

Date: 4/11/2019
Type: Acquisition

BUYERS:
  • Delek Group
    • SELLERS:
  • Shell plc.
    • DETAILS:

    COST: 965 $MM

    NOTES:
    Shell agreed to sell its 22.45% non-operated interested in the Caesar-Tonga asset in the U.S. Gulf of Mexico to Delek Group for $965 million
    REGIONS:
  • Gulf of Mexico

    • Date: 2/28/2019
    Type: Acquisition

    BUYERS:
  • Delek Group
    • SELLERS:
  • GulfSlope Energy
    • DETAILS:

    COST: 10 $MM

    NOTES:
    Delek made a $10 million loan to GulfSlope in February 2019, which was then converted into equity, resulting in Delek holding a 22% stake in the Gulf of Mexico firm.
    REGIONS:
  • Gulf of Mexico