Economy · Full coverage
Delek Retail Acquires HOT Mobile for 1.8 Billion Shekels in Completed Deal
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Calcalist · 8 hours ago
What happened
Delek Retail has completed the acquisition of HOT Mobile for 1.8 billion shekels, winning over Pelephone due to better regulatory prospects. The deal includes 1.2 billion shekels in cash and 600 million shekels in liabilities. Delek Retail will manage the company alongside Keystone and Leumi Partners.
- 01Delek Retail acquired HOT Mobile for 1.8 billion shekels after a six-month process.
- 02Pelephone offered 2.1 billion shekels but lost due to regulatory approval concerns.
- 03The deal includes 1.2 billion shekels in cash and 600 million shekels in liabilities.
- 04Delek Retail holds 40% of the acquiring group and retains management rights.
- 05Keystone Infrastructure Fund and Leumi Partners hold 40% and 20% respectively.
- 06Delek Group owns 25% of Delek Retail, which is managed by Yoram Eyal.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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