Israeli energy conglomerate Delek Group's 2.2bn shekel ($610mn) sale of local insurer Phoenix Holdings to Chinese conglomerate Yango Investments has collapsed after both parties agreed to walk away from the deal.
Israeli energy conglomerate Delek Group's 2.2bn shekel ($610mn) sale of local insurer Phoenix Holdings to Chinese conglomerate Yango Investments has collapsed after both parties agreed to walk away from the deal.