Jelmoli to sue Delek group over collapse of EUR 2bn sale

Jelmoli Holding is launching legal proceedings against the Israeli consortium that pulled out of the EUR 2 bn deal to buy a portfolio of 88 properties from the Swiss retail and property group. In a statement, Jelmoli said it is suing Blenheim Properties, Delek Global Real Estate and Delek Belron International to obtain the agreed price and interest.

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