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Published 11 days ago

Phoenix Controlling Owners Will Try to Disperse the Controlling Shares to Several Entities

Summary by כלכליסט- www.calcalist.co.il

The American funds Centbridge and Gallatin Point currently own 31% of Phoenix and will lose control of the company as soon as they begin the planned procedure for the sale of their shares; Phoenix will become a company without a controlling nucleus, so the most powerful people in Phoenix will be CEO Eyal Ben Simon and Chairman Benny Gabbay

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כלכליסט- www.calcalist.co.il

Phoenix Controlling Owners Will Try to Disperse the Controlling Shares to Several Entities

The American funds Centbridge and Gallatin Point currently own 31% of Phoenix and will lose control of the company as soon as they begin the planned procedure for the sale of their shares; Phoenix will become a company without a controlling nucleus, so the most powerful people in Phoenix will be CEO Eyal Ben Simon and Chairman Benny Gabbay

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