Shari Arison is considering bringing a new investor into Bank Hapoalim (TASE: POLI). Sources inform “Globes” that the Arison group is considering the recruitment of a new partner in the controlling interest in Israel’s largest bank. As far as is known, as of now, there are no concrete contacts with any specific investor, but the group has decided to seriously consider offers in the matter.
Arison currently owns 20.2% of Bank Hapoalim’s shares through Arison Holdings, with a market value of $1.48 billion. Market sentiment towards the Bank Hapoalim share is positive. The share has climbed 16% since the beginning of the year, so the share price is attractive for such a sale. The Arison group has sold free shares in the bank (that are not part of the controlling interest) for over $105 million. If more shares are sold, it means there will be another partner in the controlling interest… READ MORE
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By Irit Avissar and Ron Stein
Published by Globes [online], Israel business news – www.globes-online.com
Search Results for: Shari Arison
Arison Investments, owned by businesswoman and controlling
shareholder of Bank Hapoalim Shari Arison, on Monday filed a
$5 million lawsuit against the extended Dankner family, the
family-owned private companies More…
Teddy Sagi is entering the residential real estate market in Israel.
His group has won a pricing procedure for the rights to land in
northwest Tel Aviv owned by Shari Arison-controlled Housing
and Construction More…
– The shares, held by Arison through Salt Industries, were sold on
Thursday for $50 million. – – Shari Arison has liquidated about half
the free shares she holds in Bank Hapoalim (TASE: POLI). Last Thursday, More…
Globe’s reported yesterday that Shari Arison, the core controlling
shareholder of the Israeli Bank Hapoalim, sold off NIS 250 million
(About $69.5 million) of the bank’s shares on Thursday. More…
– Shari Arison – / By Cellia Shani / ADO Group , a real estate company
listed on the Tel Aviv Stock Exchange , subsidiary of the Shikun & Binui
construction Group, also publicly listed in Tel Aviv, and which More…
Shikun u’Binui Holdings Ltd. (TASE: SKBN) unit Solel Boneh controlled
by Shari Arison and China Railway Tunnel Group (CRTG) have won the
huge tender to build the tunnels and underground stations in the western More…
The Florida-Caribbean Cruise Association (FCCA) has named Micky Arison,
Chairman of Carnival Corporation as its new Executive Committee chairman,
as reported by gnomes national news service. Arison takes More…
