Barak Capital, Partner of Bank Leumi, Reveals Major Position in Bank Hapoalim

In depth

Barak Capital, controlled by Eyal and Ronit Bakshi, bought shares of Bank Hapoalim on the stock exchange in exchange for about 36.5 million shekels. According to Globes, the average price per share was 76 shekels, and the purchase reveals a 2.46% holding in the bank's shares through Barak Capital, as far as is known mostly on behalf of institutional investors.

According to Ice, the value of Barak Capital's holdings stands at 2.39 billion shekels. According to TheMarker, the group reached 2.52% of voting rights, and the holding is considered financial due to the nature of the activity and the absence of a controlling core in the bank.