A bomb exploded late Tuesday night near the home of a well-known Israeli businessman, in what is believed to be a criminally motivated incident. There were no reported injuries or damage.
The bomb was set off on the street in the northern Tel Aviv neighborhood of Tzahala where Meir Shamir, the CEO and chairman of the board of the investment company Mivtach Shamir Holdings, lives with his family. Police said they found a device hooked up to large batteries, which they believe to be the source of the explosion.
This is the second time this month Shamir, a former Israeli Air Force pilot, is believed to have been targeted in what appears to be an intimidation campaign. Earlier in December, a bomb exploded near Shamir’s car, yielding no injuries.
The 65-year-old business man has had a hand in Israel’s major companies including dairy giant Tnuva, Israel’s largest bank Bank Hapoalim and a number of techonology, real estate and insurance companies.
He currently serves as the head of the presidency of Taglit (Birthright Israel), according to Bloomberg.
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