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Sagi bought a 25 percent stake15 months ago in real estate company Conwert which has been acquired by Vonovia
Vonovia SE, a German real estate company, has acquired Austrian company Conwert Immobilient Invest SE for €1.7 billion. Israeli billionair Teddy Sagi has a 24.79% shares in Comwert, which he acquired 15 months ago, in May 2015, for €300 million.
In the planned deal Vonovia is offering 74 shares in exchange for 149 Conwert shares or in other words €17.58 for each Conwert share, a 9% premium on the current market price.
In the 15th Nov 2015 edition of Israel’s good news, the highlights include: · A new Israeli treatment brings hope to relapsed leukemia...
He hopes to be a real Jew in time for Passover.
It was founded by Sholli Kestecher, the JBN entrepreneur of the month.
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