Discount Bank has agreed to sell its 72% stake in ICC-CAL to George Horesh's Union Investments and Harel for NIS 3.75 billion, despite a higher bid from Moti Ben-Moshe. First International Bank has the option to join the deal, potentially leading to a 100% stake in the credit card company.
image sourced from original article at https://en.globes.co.il/en/article-discount-to-sell-control-of-icc-cal-to-horesh-harel-1001522336Original article source: https://en.globes.co.il/en/article-discount-to-sell-control-of-icc-cal-to-horesh-harel-1001522336
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