Businesswoman Liora Ofer purchases the entire share capital in Ofer Investments from her brother Doron. In recent years, among other things due to the provisions of the law to promote competition and reduce centralization, changes were made to the structure of holdings in the Ofer Investments group, within which the brothers Liora Ofer and Doron Ofer remained, the shareholders of the group, which owns, among other things, the public real estate company
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After many years of partnership and out of a desire to simplify the holdings structure that will be used by future generations, Liora and Doron Ofer reached a joint decision on a business separation in which Liora Ofer will purchase her brother Doron Ofer’s share.
Ofer Investments emphasizes that “this move of Liora acquiring full control of Ofer Investments reflects full confidence in the group and the great potential inherent in it and in the fields in which it deals”.
Liora Ofer, chairman of Ofer Investments: “The family investment company founded by Yuli Avi has grown over the years in many directions. Our decision will allow each of us to develop our family businesses with our own children. I thank my brother Doron, for the good spirit in the business separation process, and I wish him and my nephew that they see a blessing and succeed. Thank you very much Also to the managers of the company and its employees. I expect and believe that in the coming years we will continue to bring about the prosperity and development of Ofer Investments and its subsidiaries.”
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