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The latest update is out from Ellomay ( (IL:ELLO) ).
Ellomay Capital Ltd. announced an update regarding its acquisition of a 15% stake in Dorad Energy Ltd., initially reported on July 22, 2025. On August 4, 2025, a court accepted Edelcom Ltd.’s withdrawal of a request for temporary injunctions related to this acquisition, which had previously been rejected. The court also canceled a scheduled hearing and requested responses from involved parties by August 6, 2025. This development could impact Ellomay’s strategic positioning in the energy market, particularly in its dealings with Dorad Energy.
More about Ellomay
Ellomay Capital Ltd. operates in the energy sector, focusing on renewable energy infrastructure. The company is involved in the acquisition and management of energy projects, with a market focus on electricity generation and infrastructure development.
YTD Price Performance: 2.36%
Average Trading Volume: 6,565
Technical Sentiment Signal: Buy
Current Market Cap: ILs792.6M
Learn more about ELLO stock on TipRanks’ Stock Analysis page.