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Israeli Hotel Deal Sees Liran Weizman Receive Tens of Millions of Euros

By מיכאל רוכוורגרUpdated 2 hours ago
Translated & summarized from TheMarker by baba
The story · English

Liran Weizman, a founder of the Altshuler Shaham investment house, is set to receive tens of millions of euros in cash as part of a deal to sell his hotel holdings to an Indian investor. The deal, which involves the sale of control for approximately one billion shekels, was recently finalized.

Altshuler Shaham, a prominent Israeli financial services firm, is undergoing a significant ownership change. The sale of controlling stakes is valued at one billion shekels. The article also touches upon broader economic trends, noting a rise in the dollar against the shekel, up 0.7% to 3.04 shekels, and a nearly 3% jump in oil prices, with Brent crude trading above $107 per barrel.

Other financial news mentioned includes discussions on private equity, bond market fluctuations, and investment guides for Israeli investors interested in the S&P 500 index, bank indices, and the Polish stock market. The article also briefly references a personal financial success story, with one individual claiming to have earned 20,000 shekels in a single day.

Read the original at TheMarker
Full coverage · 2 outlets
First: TheMarker · 21h ago

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