Israel's Azrieli sells Sonol gas stations to Wiessman

April 14, 2016 10:22 AM

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TEL AVIV, April 14 Israeli real estate developer Azrieli Group said on Thursday its Granite Hacarmel subsidiary agreed to sell its gas station chain Sonol to Israel Oil and Gas Fund for 364 million shekels ($96 million).

Israel Oil and Gas is a limited partnership controlled by businessman David Wiessman. He was until recently the owner of holding company Alon Blue Square Israel, whose subsidiary Dor Alon is a rival of Sonol.

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