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02 April 2020 The on-line newspaper devoted to the world of transports 05:54 GMT+2



May 2, 2017
(posted April 24)

Clal Industries in talks to sell Israel Shipyards stake

Clal Industries has held 19% of Israel Shipyards' shares for 20 years.

Clal Industries, controlled by billionaire Len Blavatnik, is proceeding with its sell-off of activity outside its core business, and in which it has a minority holding. The company today reported that it was in negotiations to sell its 19% stake in Israel Shipyards to its partners in that company, according to the size of their holdings, for NIS 138 million, reflecting a NIS 700 million value for Israel Shipyards ......
Read more on Globes - Israel's Business Arena





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