Investor Group Acquires Control of Arkia Airline
Translated & summarized from Calcalist by baba
An investor group has signed an agreement to acquire controlling interest in Arkia Airlines, injecting tens of millions of dollars. The Nakash brothers announced the deal, which was led by Nakash Group CEO Avi Hurumov. The investment will give the new group a majority of the airline's shares.
The story in 5 lines · by baba
- An investor group will acquire controlling interest in Arkia Airlines.
- The Nakash brothers announced the signing of the agreement.
- The deal involves injecting tens of millions of dollars into the company.
- Avi Hurumov, CEO of Nakash Group, led the transaction.
- The new owners will hold a majority of Arkia's shares.
An agreement has been signed for an investor group to acquire controlling interest in Arkia Airlines. The Nakash brothers announced Tuesday that they have finalized a deal to bring a new investor into the company. Avi Hurumov, CEO of the Nakash Group, led the transaction on behalf of the brothers, having been appointed to spearhead the company's recovery.
Under the terms of the agreement, the acquiring group will inject tens of millions of dollars into Arkia. This investment will grant them a majority of the company's shares, making them the controlling entity. The deal signifies a major shift in the ownership structure of the Israeli airline.
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