Hedge Funds & Alternative Investments
Mergers & Acquisitions
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Israel's Harel to buy Eliahu's life insurance business
Israel's Harel Insurance Investments and Financial Services has agreed to buy the life and health insurance activities of Eliahu Insurance for 210 million shekels ($52 million). The deal will help pave the way for businessman Shlomo Eliahu, owner of Eliahu Insurance, to acquire control of Israel's largest insurer, Migdal Insurance….
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Click here to read the full story: Reuters