Category: Alon
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Bank Leumi board elects Uri Alon chairperson
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The Board of Directors of Bank Leumi (TASE: LUMI) has chosen Uri Allon as Chairman of the Bank. He will replace Dr. Shmuel Ben-Zvi, who held this position for the past year. The candidates for president were Alon, former director general of the Ministry of Finance and CEO of Hotline…
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Palo Alto Networks in talks to lease entire Alon 1 tower
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Cybersecurity giant Palo Alto Networks (Nasdaq: PANW) is expanding and will occupy half of Alon Tower 1 on Yigal Allon Street in Tel Aviv. The company currently occupies 13 floors in Alon Tower 1, one of two identical towers, and recently leased six more floors and is now in talks…
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Dor Alon buys 75% stake in Kafu Zan
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The gas station chain is buying control of the refrigerated and frozen foods company Kavo Zan for NIS 120-130 million. Gas station company Dor Alon Energy Israel 1988 Ltd. (TASE: DRAL) announced that it will purchase a 75% stake in Kafu Zan Food Industries for NIS 120-130 million. Kafu Zhan…