Israel Regulator Approves Sale of Kamor Motors With Condition

Oct. 31 (Bloomberg) -- Kamor Ltd. said Israel’s Antitrust Authority approved the sale of Kamor Motors Ltd. to Delek Automotive Systems Ltd. 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.

Link to Company News:{DLEA IT <Equity> CN <GO>} Link to Company News:{KMOR IT <Equity> CN <GO>} Link to Company News:{KMRS IT <Equity> CN <GO>}

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