Delek Group Ltd. News

Fosun Chairman’s Troubles Raise Doubts about Bids for Israeli Insurers

The protracted sale process of two of Israel’s largest insurance providers faced further setbacks on Sunday as concern grew over a Chinese probe into Fosun International Holdings Ltd. Fosun’s troubles represent the latest setback for Delek Group Ltd., which needs …

AmTrust Financial to Buy Texas-Based Insurer, Republic

AmTrust Financial Services Inc. announced that it has agreed to acquire Republic Companies Inc. and its affiliates (Republic) from Delek Group Ltd. and Republic Insurance Holdings LLC. Republic is based in Dallas. The purchase price is approximately $233 million, subject …