Category: Psagot
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Rani Zim sells Psagot stake for huge loss
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Yesterday, Rani Zim sold his entire 65.7% stake in Psagot, plus tradable options, to the company’s former CEO Yaniv Bender. Bandar will pay NIS 40 million in cash upon completion of the deal, and will then own 73% of Psagot, which became a shell company after selling its business. Bender…
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Psagot signs MoU to buy military robot co Roboteam
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Psagot Finance and Investment Group (TASE: GPST), controlled by Rani Zim, announced the signing of a memorandum of understanding to purchase all shares of the unmanned ground vehicle company. Robot teamWhich develops and manufactures robots for military and security tasks. Under the memorandum of understanding, all of Roboteam’s shares will…