Jewish news.Torah perspective.Tzniut-safe. Hourly.
GuruVox — we handle your social media

Sponsored placementAdvertise on KolBinah

Write for us

Can Eyal Ravid Really Take Over Carrefour?

Can Eyal Ravid Really Take Over Carrefour?
Image: globes

Eyal Ravid, owner of Victory, is interested in purchasing 30% of the shares of the company operating Carrefour in Israel, as part of a planned offering. The move is attracting additional interested parties who wish…

— globes

Assessment

Eyal Ravid's bid for a 30% stake in Carrefour's Israeli operator turns a planned IPO into a potential control battle. Other interested parties are circling, meaning Ravid cannot assume he will get the shares he wants. The outcome hinges on negotiations with current shareholders and underwriters, not just on Ravid's ambition. Watch whether a competing bidder emerges before the offering closes.

Read full article at globes →