Economy · Full coverage
Gili Agmon Boosts Stake in Delek Automotive Amid Share Price Drop
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By איתן גרסטנפלד
First reported by Calcalist · Aug 26, 2026
What happened
Delek Automotive CEO Gili Agmon raised his stake to 56% by buying shares at a premium amid a 67% stock drop. The company faces declining vehicle sales and reported a net loss in early 2025, partly due to a major investment write-down.
- 01Gili Agmon increased his Delek Automotive stake from 49% to 56% by buying shares worth 148 million shekels.
- 02Shares were purchased at 20 shekels each, a 25% premium over the current price.
- 03Delek Automotive’s shares have fallen about 67% since their peak due to business challenges.
- 04First-half 2025 vehicle sales dropped 42%, with Mazda sales down 68%.
- 05Company revenues rose 1% to 3.26 billion shekels, but it reported a 12.6 million shekel net loss.
- 06A 161 million shekel impairment on chip company Halo contributed to the losses.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 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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