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Delek Drilling in talks to sell Tamar stake for $1.1b
Delek Drilling is obligated to sell its 22% stake in the Israeli offshore gas field by the end of the year.
Two groups are examining the acquisition of the stake held by Delek Drilling LP (TASE: DEDR.L) in the Tamar offshore gas field. Information received by Globes, and which was also published in Calcalist this morning, reveals that the price tag in the talks with at least one of the groups is $1.1 billion.
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Delek Drilling, which is controlled by Yitzhak Tshuva s Delek Group Ltd. (TASE: DLEKG), holds a 22% stake in the Tamar gas field. However, one source who is knowledgeable on the matter speculated that the information circulating over the past few days on the possible acquisition has been put out, To renew interest in the market on the deal and there is no indication that there are any advanced talks. Delek Drilling has not notified the Tel Aviv Stock Exchange (TASE) about any talks.