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Hagag Group set to buy Bazan stake from Israel Corporation

Sun Mar 20 , 2022
Israel Corporation (TASEW: ILCO) has signed a non-binding memorandum of understanding (MOU) with Hagag Group Real Estate Development Ltd. (TASE: HGG), controlled by Yehuda Eido Hagag and Yitzhak Hagag, for the sale of 16.69% of the shares in Bazan (Oil Refineries) (TASE: ORL) at NIS 1.1 per share (NIS […]