Read more in Calcalist:
Rami Levy bought another 4,300 shares of Norstar and reached a holding of 1.748 million shares – a 5% holding in the company that makes him a stakeholder.
1 View the gallery
Rami Levy against the background of the Lusky Hotel purchased by him. Expands real estate activities
(Photo: Amit Shaal, Dana Kopel)
Rosen and Tochmeier bought 11% of Norstar in January in the market, after recognizing a good buying opportunity and as part of their strategy to invest in real estate companies, as they did in Alrov. Haim Katzman, fearing a hostile takeover, hurried to meet with them Of its shares, and reached agreements with them in order to prevent their continued takeover of the company.It currently owns Israel Canada 21.67% of Norstar.
Rosen and Tochmeier did not really hide their ambitions regarding Gazit Globe when they stated that all options are open. Katzman, for his part, recently embarked on a kind of containment struggle with the aim of dismantling his control of the company – when he signed a cooperation agreement with another shareholder in the company, Itzik Sela. As part of the agreement, Katzman, which holds approximately 28% of Norstar, will receive the voting right of Sela, which holds 5%, and the first right to purchase Norstar securities from it.
This week at the Calcalist Capital Markets Conference, Barak Rosen stated that they would not make a hostile takeover of Norstar and Gazit Globe and called the move a “social takeover.”