Economy · Full coverage

Businessman Ronen Ganon Acquires Control of Multi Retail Group for 174 Million Shekels

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

Center 1Unrated 2

First reported by Calcalist · 10 hours ago

What happened

Kadma Capital and CEO Itzik Ozana are selling their 72.3% stake in Multi Retail Group to businessman Ronen Ganon for about 174 million shekels, triggering a full board overhaul and ending a longstanding management agreement.

  • 01Ronen Ganon acquires 72.3% control of Multi Retail Group for roughly 173.5 million shekels.
  • 02Kadma Capital and CEO Itzik Ozana sell all their shares in the transaction.
  • 03Share price set at 9.098 shekels, adjustable if dividends are declared before completion.
  • 04Three current board members will resign, replaced by Ganon’s nominees.
  • 05Management services agreement with Kadma Capital ends without exit fees.
  • 06Deal reported to the Tel Aviv Stock Exchange and Israel Securities Authority.

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

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.

YnetCenter · Hebrew1 hour ago
Businessman Ronen Ganon Acquires Control of Multi Retail Group for 174 Million Shekels
GlobesUnrated · Hebrew2 hours ago
Ronen Ganon Acquires Control of Israeli Retail Chains Ace, Auto Depot, and Beitili
CalcalistUnrated · Hebrew10 hours ago
Israeli Businessman Ronen Ganon Acquires Multi Retail Chains from Kedma Fund at 60% Premium

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