US EditionUmi Wants to Raise Nis 1 Billion at a Valuation of Nis 3.7 Billion
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Car importer UMI, which imports Chevrolet, Cadillac and Isuzu models to Israel, is planning to issue shares on the Tel Aviv Stock Exchange. • The company, owned by the Eini and Haim Danon families, is expected to raise NIS 900 to 1 billion in the offering, which may also include a sales offer from the controlling families.
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