Israel Regulator Approves Sale of Kamor Motors With Condition

Kamor Ltd. (KMOR) said Israel’s Antitrust Authority approved the sale of Kamor Motors Ltd. (KMRS) to Delek Automotive Systems Ltd. (DLEA) The regulator is requiring Kamor Motors to sell its stake in a unit that markets vehicles from China’s Chery Automobile Co. after the transaction, according to a statement filed late yesterday with the Tel Aviv Stock Exchange.

To contact the reporter on this story: Susan Lerner in Jerusalem at slerner2@bloomberg.net

To contact the editor responsible for this story: Louis Meixler at lmeixler@bloomberg.net

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