Israeli entrepreneur Yitzchak Mirilashvili has actually taken a 19.9% stake in the Israeli franchise of Dutch retail huge SPAR, sources near the matter have actually stated. Mirilashvili reached an arrangement with bulk investor Amit Zeev, even prior to the other day’s statement by Israel’s biggest grocery store chain Shufersal Ltd. (TASE: SAE) that it would not use up the alternative for its 19.9% stake, since of constraints put on it by the Israel Competitors Authority. Zeev holds 80% of the SPAR Israel franchise however remains in talks with other possible partners.
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ASSOCIATED SHORT ARTICLES
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Mirilashvili controls Channel 14 and Rotshtein Realty and is likewise a partner in the Telem grocery store chain, which has 5 branches in the Sharon area.
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SPAR Israel is because of open its very first branch in Israel in Kfar Saba in early 2024.
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Released by Worlds, Israel organization news –
en.globes.co.il – on September 29, 2023. .
© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.
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