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Amos Luzon Nears Major Deal to Sell 20% Stake in Energy Infrastructure for NIS 223 Million

How 3 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Calcalist · 3 hours ago

What happened

Amos Luzon's group is in talks to sell a 20% stake in Luzon Energy Infrastructure for NIS 223 million, valuing the Dorad power station at NIS 4.4 billion. The deal is subject to approvals and due diligence, with a six-month deadline for completion.

01Amos Luzon’s group is negotiating to sell 20% of Luzon Energy Infrastructure for about NIS 223 million.
02The sale values the Dorad power station at approximately NIS 4.4 billion.
03Luzon Group currently owns 33.75% of Dorad through Luzon Energy Infrastructure.
04A non-binding memorandum of understanding has been signed between the parties.
05Completion depends on approvals, due diligence, and signing a detailed agreement.
06A 60-day exclusivity period is set, with a six-month deadline to finalize the deal.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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Amos Luzon