Ellomay Capital to Sell its Indirect Holdings in Dorad Energy Ltd. based on a Dorad Valuation of NIS 4.4 Billion
Ellomay Capital Ltd. has agreed to sell its indirect 33.75% stake in Dorad Energy Ltd. through Ellomay Luzon Energy Infrastructures Ltd. to Amos Luzon Development and Energy Group Ltd. for approximately NIS 560 million, based on a Dorad valuation of NIS 4.4 billion. The transaction is subject to regulatory approvals and customary closing conditions…