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Full coverage· Economy· Updated

Waze Founder Rappaport Eyes Major Acquisition of Credit Card Firm Cal

Waze founder Assaf Rappaport is reportedly interested in acquiring a significant stake in the Israeli credit card company Cal, following his purchase of Channel 13 and talks for McDonald's Israel. Other interested parties include Gil Agmon, Delek Group, and Direct Insurance.

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What happened

  1. 01Waze founder Assaf Rappaport is reportedly interested in acquiring Israeli credit card company Cal.
  2. 02Rappaport recently bought Channel 13 and is negotiating for McDonald's Israel.
  3. 03The previous sale of Cal to George Horesh was blocked by the Antitrust Authority.
  4. 04Gil Agmon and Delek Group are also in talks to buy a stake in Cal.
  5. 05Discount Bank must sell its controlling stake in Cal by May 2027.

The previous deal with George Horesh was blocked by regulators. Discount Bank must sell its controlling stake in Cal by May 2027.

Translated and summarized by baba from Ice, the latest report. Read Ice’s original

The coverage

2 newsrooms on this story

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