Delek Automotive moves $215 million in Veridis shares as Hailo losses deepen pressure...

Economics and markets | Aug 24, 2026, 8:43 AM

Delek Automotive transferred $215 million worth of Veridis shares to its automotive subsidiary.

The move occurs as Delek Motors reports a 42% decline in vehicle deliveries and the group records an additional $54 million Hailo-related write-off.

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