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ISRAEL AT WAR - DAY 343

Clal Insurance Company Ltd

Victor Shamrich (left) and Ido Neuberger, co-founders of Israeli investment bank Value Base. (Courtesy)
September 28, 2023, 8:00 pm
Israel’s Value Base raises NIS 700m for debut fund to invest in locally traded firms
Investors in the Tel Aviv-based fund include Clal Insurance & Finance, More investment house, and former Bank of Israel governor Jacob Frankel
By Sharon Wrobel
This October 7, 2015, photo shows a general view of the Eshkol power station, the first in Israel to produce electricity from natural gas, in the coastal city of Ashdod. (AP Photo/Tsafrir Abayov, File)
June 11, 2023, 7:06 pm
Clal to invest NIS 252m in Meshek Energy upon winning the Eshkol power plant tender
Eshkol power station is sold in a tender by the Israel Electric Corporation; Meshek’s subsidiary is said to have submitted a NIS 10 billion bid for the Ashdod plant
By Sharon Wrobel
Yoram Naveh, Clal Insurance Finance CEO (middle) and Max chairman Yaron Bloch (second from left). (Courtesy)
March 27, 2023, 8:22 pm
Clal Insurance completes acquisition of Max credit card in deal worth NIS 2.5b
Clal gets control permits from regulators to buy control of Max from US private equity firm Warbus Pincus; deal hoped to boost competition in consumer credit market
By Sharon Wrobel
An illustrative image of a stack of credit cards. (alexialex; iStock by Getty Images)
February 23, 2023, 6:47 pm
Bank of Israel grants permit for Clal Insurance to take control of Max credit card
Approval paves way for Clal to snap up Max credit card company in deal worth NIS 2.5 billion; central bank sets criteria for Clal to hold at least 30% stake in Max
By Sharon Wrobel
Bank of Israel governor Amir Yaron (third from left) hands conditional bank license to Shmuel Hauser (third from right), chairman of a new digital banking venture led by Nir Zuk, the founder of cybersecurity giant Palo Alto Networks. (Courtesy/Bank of Israel)
January 8, 2023, 1:55 pm
Clal to buy NIS 100 million stake in Israel’s 2nd digital bank
Insurance company to become shareholder in Esh with 4.99% holding; investment values the new digital bank at NIS 1.8 billion
By Sharon Wrobel
Climate activists protest against offshore drilling, at the beach in Tel Aviv, on August 13, 2022. (Tomer Neuberg/Flash90)
December 4, 2022, 5:12 am
At least NIS 57.6 billion of Israelis’ pensions invested in fossil fuels — watchdog
Clean Money Forum’s quarterly ranking shows Altschuler Shaham as cleanest, Yellin Lapidot improving but Migdal increasing fossil fuel holdings, despite policy pledge to cut them
By Sue Surkes
Israeli traveler Hila Livne, 22, was killed during a hike in Kyrgyzstan (Facebook)
September 29, 2017, 4:22 pm
Body of missing Israeli hiker located in Kyrgyzstan
Contact with Hila Livne, 22, had been lost since Sunday when she was separated from fellow traveler in Sari-Chalak nature reserve
By ToI Staff
A 2005 file photo from the Ashkelon desalination plant. (Edi Israel/Flash90)
June 8, 2017, 3:50 pm
Israel Chemicals signs deal to sell stake in IDE for $178 million
ICL says sale is to partnership that includes IDE’s CEO, Avshalom Felber. and institutional bodies in Israel
By Shoshanna Solomon
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