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Ongoing Story· Today

Barak Capital Becomes Substantial Shareholder in Bank Hapoalim

2 developments

TheMarkerEconomy

Barak Capital Becomes Significant Shareholder in Bank Hapoalim

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · 2 newsrooms covering

Barak Capital, controlled by Eyal and Ronit Bakshi, has become a significant holder of control in Bank Hapoalim after acquiring shares worth NIS 36.5 million. The group now holds 2.52% of the bank's voting rights. The investment is considered financial and is not anticipated to affect the bank's corporate governance.

The story in 4 lines · by baba

  • Barak Capital now holds a significant stake in Bank Hapoalim, representing 2.52% of voting rights.
  • The acquisition involved shares worth NIS 36.5 million on the stock exchange.
  • Barak Capital is controlled by Eyal and Ronit Bakshi.
  • The holding is considered financial and unlikely to alter corporate governance.

Barak Capital, controlled by Eyal and Ronit Bakshi, has become a significant holder of control in Bank Hapoalim. The trading and nostro group acquired Bank Hapoalim shares worth NIS 36.5 million on the stock exchange, bringing its stake to 2.52% of the voting rights. Due to the nature of its activities and the absence of a controlling core in the bank, this holding is considered financial and is not expected to impact the bank's corporate governance.

TheMarkerOther · Tel Aviv

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