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Rani Zim pulls NIS 250m deal in face of investors anger

Zim had proposed that Group Psagot should buy his stake in Rani Zim Shopping Centers. He controls both companies.

Tel avivTel aviv districtYaniv benderRani zimDaniel leventhalGroup psagotTel aviv stock exchangeTel aviv district attorney office taxationIsrael securities authorityRani zim shopping centersRani zim shoppingTel aviv district attorney

Psagot in talks to sell Psagot Investment House

Group Psagot has notified the TASe that it is in preliminary talks to sell Psagot Investment House for NIS 320-340 million.

Tel avivAltshuler shahamRani zimMeir edriTel aviv stock exchangeGroup psagotPsagot investmentPsagot investment house

Psagot worth 80% less since Rani Zim bought it

Capital market source: There’s a big difference between the worlds of real estate and finance.

United statesAltshuler shahamYaniv benderKimat hinamRani zimDaniel leventhalGroup psagotMizrahi tefahot bankPhoenix holdingsPsagot investment housePsagot investmentValue capitalMeny guy

Psagot to record NIS 120m capital gain from Phoenix deal

Psagot added that the activities being sold include assets under management worth NIS 17.1 billion and that after the sale it will retain assets under management worth about NIS 30 billion.

United statesAltshuler shahamRani zimPhoenix holdingsGroup psagotPsagot mutual fundsValue capital

The Phoenix to buy assets from Psagot for NIS 310m

The deal to buy Psagot's portfolio management and ETF business will enable chairperson Rani Zim to reduce leverage.

United statesAltshuler shahamYaniv benderRani zimPhoenix holdingsMizrahi tefahot bankIsrael securities authorityGroup psagotPhoenix holdingIsrael airports authority

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