Economy · Full coverage
Gilad Altshuler Sells Major Stake in His Firm Amid Career Shift
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By גולן חזני
First reported by TheMarker · 1 hour ago
What happened
Prominent Israeli financier Gilad Altshuler has sold a major stake in his pension management company, Altshuler Shaham, for NIS 1.8 billion after a period of underperformance. He was notably absent from the deal's signing as he shifts focus to personal interests, while Yair Levinstein and buyer Vinshel emerge as key players in the transaction.
- 01Gilad Altshuler sold a majority stake in his NIS 112 billion pension company.
- 02The sale price was NIS 1.8 billion, down from a peak of NIS 4.4 billion.
- 03Altshuler was absent from the deal's final signing ceremony.
- 04Poor investment returns, especially in China, contributed to the decline.
- 05Yair Levinstein is increasing his stake and influence in the company.
- 06Vinshel is the acquiring entity in the transaction.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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