Blackstone in Talks to Buy Avgol Industries, Calcalist Says

The U.S. Blackstone Group LP (BX) is in talks to acquire Avgol Industries 1953 Ltd. (AVGL) from Israel Petrochemical Enterprises Ltd. (PTCH), Calcalist said today, without saying how it obtained the information. There was no immediate comment from Avgol in a call made to their offices before office hours.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Calev Ben-David at cbendavid@bloomberg.net

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