UPDATE 1-Israel's Delek examines $3.6 bln energy spinoff

TEL AVIV, Dec 31 (Reuters) - Israeli conglomerate Delek Group is examining a spinoff of its oil and gas activities, saying it could help maximise value for shareholders by separately listing a bunch...

from Reuters: Mergers News http://feeds.reuters.com/~r/reuters/mergersNews/~3/5ZDQn0oWc-0/story01.htm