JERUSALEM Feb 18 Israeli real estate, energy
and insurance conglomerate Delek Group is examining
the sale of all or part of its European unit, it said on Monday.
It said in a statement to the Tel Aviv Stock Exchange third
parties could submit bids to buy Delek Europe BV and then Delek
will explore the possibility of starting talks with some or all
It noted it was not certain bids would be accepted.
Delek did not provide further information in the wake of a
report in the Calcalist financial daily that the company was in
talks to sell its European operations for 800 million euros
Calcalist said those interested included Russian crude
producer Rosneft and private equity firms Texas
Pacific Group, Apax and Permira.
Delek Europe has debt of about 440 million euros.
It was founded in 2007 as Delek's European energy retail and
marketing assets arm. It operates 1,230 gas stations and 935
convenience stores in four countries following the purchase of
BP's retail activity in France and Texaco gas stations
and convenience stores in Belgium, Luxembourg and the