Economy · Full coverage
Regulator Approves Ronen Ganoun's $47 Million Acquisition of Multi Retail
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 3
By מנדי הניג
First reported by Calcalist · 2 hours ago
What happened
Israel's Antitrust Commissioner approved Ronen Ganoun's acquisition of a 72.3% controlling stake in Multi Retail for 173 million shekels. The deal expands Ganoun's retail holdings, which include the Zol Stock chain, and aims to strengthen Multi Retail's operations and brands.
- 01Antitrust Commissioner approved Ronen Ganoun's 173 million shekel Multi Retail acquisition.
- 02Ganoun's Group will acquire 72.3% of Multi Retail, which operates ACE and Auto Depot.
- 03The deal values Multi Retail at 238 million shekels.
- 04Ganoun plans to strengthen Multi Retail's operations and explore integration with Zol Stock.
- 05Ronen Ganoun cited strong brands and potential as reasons for the acquisition.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
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