Yaakov Shachar and Bank Hapoalim in collaboration: This is the company in which they will invest

by time news

Yaakov Shachar (photo by Kobi Gdoen La’am)

Are Bank Hapoalim, Yaakov Shachar and businessman Rami Nussbaum cooking up a particularly intriguing joint move? Ice has been confirmed that the three plan to invest a sum of about NIS 50 million in the Disneyhouse tourism company, which suffered severe blows during the Corona period.

The industry, which has already risen to the highway again and has recovered with the opening of the skies and returning tourism, is attracting quite a few investors who recognize the potential. As is well known, the contacts are taking place with Poalim Equity, which is the investment arm of Bank Hapoalim.

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The potential investors are the Meir Group, which is controlled by Yaakov Shachar and the Kaz family, Rami Nussbaum, one of the controlling shareholders in Ashtrom and the former owners of Phoenix and of course the workers themselves. According to the agreement, investors will pay the amount most of which is supposed to cover the debts accumulated during the corona crisis in Israel.

Disneyhouse was founded in 1926 by Yair Solomon Disneyhouse. After 60 years, Clal Tourism acquired it from the IDB Group. In 2015, IDB sold Disneyhouse Outbound Tourism, which was separated from the company’s inbound tourism business (which was left by Israir) to BTC, owned by Ofer Khodorov, for about NIS 48 million.

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