Business in Brief: Delek Says China’s Fujian Yango in Nonbinding Pact to Buy Insurer Phoenix

Strauss-PepsiCo venture buys Dutch hummus maker; Africa Israel says Russian unit missed principal payment to bank; Tel Aviv indices end higher, led by biomeds; Gazit sells stake in Brazilian mall operator.

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Delek says China’s Fujian Yango in nonbinding pact to buy insurer Phoenix