Israel's Delek Seeks London Listing as Energy Group Goes Global

  • Company hopes to list in U.K. capital in the ‘near future’
  • Delek recently bought Britain’s Ithaca to expand in North Sea
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Delek Group Ltd., the Israeli energy company that bought U.K. oil explorer Ithaca Energy Inc. this year, is seeking a London listing to help further overseas expansion.

“If Delek Group wants to be international, we have to be traded on an international exchange and I think London is one of the good places to be in,” Asaf Bartfeld, the company’s president and chief executive officer, said Monday in an interview. “In the near future, we plan to be listed in London.”