Tag Archives: Shlomo Eliahu

5% of Bank Leumi Sold For $368 Million

Yesterday, Israel sold 5 percent of Bank Leumi Shares to a UBS, a swiss bank. Since the sale, Bank Leumi has no controlling shareholder. The government’s sellout could enable other investors to buy a controlling position. Currently, the biggest shareholder in Leumi is Shlomo Eliahu with 9.59 percent. Eliahu said that he plans to form… Continue Reading