Israel’s Wealthiest Woman, Shari Arison, Sells Her Empire at Bargain Prices
Shari Arison, the world’s 374 wealthiest people in 2017 by Forbes and Israel’s wealthiest woman, is liquidating her business in the country. In the 15 years since she inherited her father’s empire More...
Shari Arison Israel’s richest woman to sell 20% controlling stake in Bank Hapoalim
Banks to sell the shares on the stock exchange. Arison received a year’s supervision to decide when to start selling the shares and will have to complete the sale within four years from that moment. Shari More...
University of California Retirement Plan among Bank Hapoalim buyers
Citigroup has responded to the entry of American investors into Bank Hapoalim of Israel and said that the American buyers will want to take on a management role in the bank, although Shari Arison More...
Shari Arison selling 49% of Israel’s Largest Bank Hapoalim for $930 million
Shari Arison Shari Arison is selling 49% of her stake in Arison Holdings, which holds 20%, the controlling stake, in Bank Hapoalim (in fact 10% of the bank). A non-binding memorandum of understanding was More...
1.3 million Israelis volunteer on Good Deeds Day
Some 1.3 million Israelis (out of 6.3 million living in the country) took part in Good Deeds Day 2016, a project that highlights volunteering and community involvement. This year, Israel marked the More...
17 Israeli billionaires make annual Forbes rich list
Seventeen Israeli billionaires made the 30th Forbes Billionaires List for 2016, including newcomer Adam Neumann, cofounder of shared work space firm WeWork. The kibbutz-raised Neumann is spotlighted among More...
Arison Group unit to purchase 1, 001 units in Berlin
Arison Group unit ADO Properties, controlled by Shikun & Binui Holdings Ltd. has entered into agreements to purchase in total 1, 001 units in central neighborhoods of Berlin, of which 885 are residential More...
ADO raises $453 million on Frankfurt Stock Exchange
ADO Europe Ltd.’s (TASE: ADO) successful gamble on the German real estate market received official vindication yesterday in the form of a giant €415 million ($453.6 million) financing round through an More...
Shari Arison mulls foreign partner for Bank Hapoalim
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 More...
Arison, Chinese co win TA light rail underground tender
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 More...