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Live Terminal
Economy · Full coverage

Gazit Founder Haim Katzman Seeks to Give Up Control of G City

How 3 Israeli newsrooms covered this story — translated into English and compared side by side.

Unrated 3

By נתנאל אריאל

First reported by Calcalist · Jun 11, 2026

What happened

Haim Katzman, 76, is seeking to give up control of G City through his holding company Norskstar. The plan could involve selling about 30% of the company, potentially supporting an IPO of Israeli and possibly Polish assets and reducing heavy debt.

  • 01Katzman wants Norskstar to drop below 25% and stop controlling G City.
  • 02The company is seeking a strategic buyer for roughly 600 million shekels of shares.
  • 03Analysts expect an IPO of G City Israel as the likeliest first step.
  • 04Israel Canada had previously threatened a takeover of Norskstar.
  • 05G City still has more than 20 billion shekels in debt.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story
People
OrganizationsG City, Norskstar, Discount Capital, Israel Canada, Acreo, Leumi Partners, Maalot, Tel Aviv Stock Exchange
PlacesIsrael, Europe, Brazil, Poland, Russia, United States

Full coverage · 3 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

GlobesUnrated · HebrewJun 12, 2026
Gazit Founder Haim Katzman Seeks to Give Up Control of G City
TheMarkerUnrated · HebrewJun 11, 2026
On the Verge of Losing Control: Haim Katzman Wants to Sell Norstar’s G City Shares
GlobesUnrated · HebrewJun 11, 2026
After 35 Years, Haim Katzman Seeks to Give Up Control of G City
CalcalistUnrated · HebrewJun 11, 2026
Haim Katzman Moves Toward Giving Up Control of G City

Related stories

Gazit Globe CEO Set to Step Aside as Control Sale LoomsJun 15, 2026Haim Katzman Cancels Sale of Global Real Estate Firm Amid Control DisputesAug 9, 2026Haim Katzman Seeks Immediate Buyer for G City Control After Deal CollapseAug 5, 2026Katzman’s G City reshuffle sparks backlash from major shareholder Barak RosenJun 14, 2026Businessman Tzachi Abu Plans to Acquire Control of G City Real Estate CompanyJul 5, 2026G City Plans Asset Sales Worth 6 Billion Shekels Following Failed Control SaleAug 20, 2026