Paz Oil Unit to Sell Solar Subsidiary to Shikun & Binui

Paz Oil Co. said its unit signed a memorandum of understanding to sell its solar unit to Shikun & Binui Ltd. (SKBN) for an estimated 40 million shekels, according to a statement filed with the Tel Aviv Stock Exchange late on Sept. 22.

To contact the reporter on this story: Sharon Wrobel in Tel Aviv at

To contact the editor responsible for this story: Shaji Mathew at

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