The Ticker: Leumi to Sell 15% of U.S. Unit to Two Strategic Investors

Teva reports disappointing results from asthma drug trials ■ Discount transfers 5% Cellcom stake to two Elsztain allies to conform with law ■ Delek’s Ithaca unit sells oil field to help pay down debt ■ Teva, Israel Chemicals give a lift to Tel Aviv shares

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A Bank Leumi branch in Tel Aviv, January 24, 2016
A Bank Leumi branch in Tel Aviv, January 24, 2016Credit: Ofer Vaknin

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