Economy08:07 · 22m ago

Businessman Fails to Pay for Shares After Company Takeover

TheMarker
Translated & summarized from TheMarker by baba
The story · English

Approximately one year after acquiring control of Exillion, businessman Hertztik has not yet paid for the shares allocated to him. The article does not specify the exact amount or the timeline for payment, but highlights this as a significant financial detail following the takeover.

In other business news, Discount Bank successfully raised 500 million euros through mortgage-backed bonds issued internationally. Meanwhile, the US dollar has weakened against the Euro and the British Pound, experiencing a 1% drop against the Japanese Yen. Crude oil prices also saw a decline of over 1%.

Further financial reporting includes an analysis of Max Stock's new logistics center, deemed insufficient for growth, leading the company to lease facilities in Ofakim for 20 years. Investors who profited from government-backed stock investments now face potential risks. The article also touches on the Polish stock market's potential appeal to investors, a guide for Israeli investors on the S&P 500 index, and the workings of a bank index ETF. Additionally, it notes six record highs for the dollar-shekel exchange rate in the past 30 years.

Read the original at TheMarker
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