Yossi and Shlomi Amir have submitted a bid to buy a controlling 24.9% stake in Shufersal for NIS 2.46 billion.
Yossi and Shlomi Amir have submitted a bid to buy a controlling 24.9% stake in Shufersal Ltd. (TASE:SAE) for NIS 2.46 billion. The brothers, who sold supermarket chain Freshmarket to Paz, are offering NIS 28 per share for 88 million shares, a slight premium on Shufersal’s closing price today of NIS 27.20.
Shufersal currently has no controlling core. The biggest shareholders are all institutional investors led by Altshuler Shaham with a 9.9% stake, followed by Migdal, Harel, Menorah-Mivtachim, Clal and Phoenix.
RELATED ARTICLES
Freshmarket yields brothers Yossi and Shlomi Amir NIS 1.8b
Yossi and Shlomi Amir completed the deal to sell Freshmarket to Paz in January at a company valuation of just over NIS 2 billion and the shares of Freshmarket were delisted from the TASE.
Shufersal is Israel’s largest supermarket chain with 378 stores around the country including 83 Be drugstores.
Published by Globes, Israel business news – en.globes.co.il – on March 14, 2022.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.
Freshmarket owners Yossi and Shlomi Amir Photo: Freshmarket
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
