Hagag Group Real Estate Entrepreneurship Ltd (TASE:HGG) acquired 16.7% stake in Oil Refineries Ltd. (TASE:ORL) from Israel Corporation Ltd (TASE:ILCO) for approximately ILS 560 million on April 18, 2022.

Hagag Group Real Estate Entrepreneurship Ltd (TASE:HGG) completed the acquisition of 16.7% stake in Oil Refineries Ltd. (TASE:ORL) from Israel Corporation Ltd (TASE:ILCO) on April 18, 2022.