Delek in Talks to Sell Its U.S. Insurance Business

Yitzhak Tshuva’s conglomerate is seeking $220 million from U.S. buyers for Dallas-based Republic.

Delek Group, the holding company controlled by billionaire Yitzhak Tshuva, is in talks to sell its U.S. insurance unit to a group of American investors, Republic Group, for some $220 million, TheMarker has learned.