Israel's Delek buys U.S. filling station chain

Newswire

TEL AVIV, March 30 (Reuters) - Israel's Delek Group said on Tuesday a subsidiary acquired a U.S. company that owns a chain of filling stations for $24.6 million. In a statement to the Tel Aviv Stock Exchange, Delek said the deal included Delek US Holdings assuming the unnamed U.S. company's long-term bank debt totalling $26 million. The U.S. company, which owns a chain of 100 filling stations and convenience stores mainly in Alabama, has annual sales of $200 million, Delek said. Delek, ...

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