Amir brothers to win control of Shufersal
All six institutional investors, which own 64% of Israel's largest supermarket chain, support selling 40% of their shares to Shlomi and Yossi Amir.
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All six institutional investors, which own 64% of Israel's largest supermarket chain, support selling 40% of their shares to Shlomi and Yossi Amir.
The US consortium led by Michael Alpert has dropped out of the race while the Amir brothers offer to buy a controlling stake in the supermarket chain expires today.
A US consortium led by Michael Alpert has become the third group to bid buy a controlling stake in the Israeli supermarket chain.
Zwi Williger, founder and chairman of food importer G. Willi Food International has submitted a bid to buy a 24.9% controlling stake in Shufersal at a company valuation of NIS 6.5 billion.
NICE and Tower led the market higher today as Harel led the declines.