Swiss retail group Jelmoli has reached a settlement with the Israeli-UK consortium of investors which pulled out of the EUR 2bn deal to buy 88 Jelmoli department stores last year. Jelmoli said that consortium member Delek Blenheim Group will pay Jelmoli CHF 21.5mln (EUR 13.2mln) as final settlement of all their mutual claims arising from the aborted sale-and-leaseback transaction. Delek Blenheim Group has agreed to waive the counter-claim for repayment of the downpayment made to Jelmoli.