Sagi in advanced talks to buy Tel Aviv’s Beit Lessin
Teddy Sagi will reportedly pay NIS 268 million for the complex, which has building rights for a 27-floor residential high rise. Israeli billionaire Teddy Sagi is continuing his real estate shopping More...
Tungsten Corp. acquires First International Bank of Israel UK for £30 million
– First International Bank will report a £6 million profit on the sale. / Irit Avissar and Ron Stein / First International Bank of Israel (TASE: FTIN) has closed the sale of its FIBI Bank (UK) unit More...
Israeli Bank Hapoalim Mulls Shanghai Representative Office
– Bank Hapoalim has classified the Far East as a strategic target for the bank’s growth. – – Sources inform ”Globes” that Bank Hapoalim (TASE: POLI) is considering opening More...
Dutch Pension Fund Disinvests From Israel
– PGGM has withdrawn its investments in five Israeli banks over their activities in West Bank settlements. – Dutch pension fund asset manager PGGM has stopped investing in five Israeli banks because More...
Zadik Bino sells Paz shares for NIS 300 million ($83.3 million)
– The latest sale of Paz shares follows a sale in July by Bino and his partners, and Bino’s sale of shares in March. – Paz Oil Company Ltd. (TASE:PZOL) controlling shareholder Zadik More...