Latest News Israel

State of Israel Sells 5% of Discount Bank Equity to Deutsche Bank

Share |
Friday, March 26th, 2010

The State of Israel sold a 5% stake of Israel Discount Bank to the Deutsche Investment Bank, which won a closed tender. Deutsche Bank pledged to buy a 5% stake in Israel Discount Bank and received an option to purchase up to 3.33% more shares at a 0.5% discount to their bid price.(for more info)