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Apax already holds the majority stake. The deal values Psagot at $498 million, far below the value on Apax’s books.
The Markstone Fund is about to exit from investment house Psagot at “an end-of-season price”. Markstone’s creditors have approved in principle understandings reached between the struggling fund and Apax Partners for the sale of Markstone’s 23.2% stake in Israel’s largest investment house for $118 million… READ MORE
In the 15th Nov 2015 edition of Israel’s good news, the highlights include: · A new Israeli treatment brings hope to relapsed leukemia...
Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars
He hopes to be a real Jew in time for Passover.
Jews are disproportionately represented on the roster of the richest business people, with 10 Jews among the top 50 (20%), and 38 (19%) Jews...
