Barkat brothers put Meitav up for sale
Summary
Meitav Investment House is up for sale as the Barkat brothers seek to monetize their stake after a strong run in the company’s share price. JP Morgan has been asked to find a buyer and has already approached potential parties. The deal could also involve the Stepak family stake, although the family says it does not intend to sell. Meitav says it has received interest from foreign investors and will review any approach on its merits.
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected