Ellomay Luzon Energy Secures Approval for 7.5% Acquisition of Dorad Energy Shares

Reuters

Jul 14

Ellomay Luzon Energy Secures Approval for 7.5% Acquisition of Dorad Energy Shares

Ellomay Luzon Energy Infrastructures Ltd., a subsidiary of Ellomay Capital Ltd., is poised to acquire 7.5% of the shares in Dorad Energy Ltd. The acquisition is contingent upon the sale of 10% of Dorad's outstanding shares to The Phoenix Insurance Company Ltd. and its affiliates. This condition is outside Ellomay Luzon Energy's control, and the company cannot currently predict when or if it will be satisfied. Recently, Dorad's board approved the transaction, aligning with Ellomay Luzon Energy's right to purchase the shares if a prior sale to Edelcom Ltd. does not proceed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ellomay Capital Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-063448), on July 14, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The acquisition is contingent upon the sale of 10% of Dorad's outstanding shares to The Phoenix Insurance Company Ltd. and its affiliates. This condition is outside Ellomay Luzon Energy's control, and the company cannot currently predict when or if it will be satisfied. Recently, Dorad's board approved the transaction, aligning with Ellomay Luzon Energy's right to purchase the shares if a prior sale to Edelcom Ltd. does not proceed.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Ellomay Capital Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-063448), on July 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ELLO","symbol_name":"Ellomay Capital Ltd","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250714:nNDL3dTXX7:1","article_id":"2551027719","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551027719","pubTimestamp":1752488381,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Ellomay Luzon Energy Infrastructures Ltd., a subsidiary of Ellomay Capital Ltd., is poised to acquire 7.5% of the shares in Dorad Energy Ltd. The acquisition is contingent upon the sale of 10% of Dorad's outstanding shares to The Phoenix Insurance Company Ltd. and its affiliates. This condition is outside Ellomay Luzon Energy's control, and the company cannot currently predict when or if it will be satisfied. Recently, Dorad's board approved the transaction, aligning with Ellomay Luzon Energy's right to purchase the shares if a prior sale to Edelcom Ltd. does not proceed.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ellomay Capital Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ELLO":"Ellomay Capital Ltd","BK4133":"新能源发电业者","BK4519":"光伏太阳能"},"translate_title":"Ellomay Luzon Energy收购Dorad Energy 7.5%股份获得批准","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ELLO":0.9},"content_text":"Ellomay Luzon Energy Secures Approval for 7.5% Acquisition of Dorad Energy Shares\n    \n\n        Ellomay Luzon Energy Infrastructures Ltd., a subsidiary of Ellomay Capital Ltd., is poised to acquire 7.5% of the shares in Dorad Energy Ltd. The acquisition is contingent upon the sale of 10% of Dorad's outstanding shares to The Phoenix Insurance Company Ltd. and its affiliates. This condition is outside Ellomay Luzon Energy's control, and the company cannot currently predict when or if it will be satisfied. 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