Markstone ups Solomon stake to 90%

Last week, Markstone acquired 10% of Solomon Capital Markets from Tao Tsuot and an additional 10% from E. Solomon Investment and Consultancy.

Markstone Capital Partners Fund bought the remaining 10 percent stake, which Tao Tsuot held in Solomon Capital Markets for NIS 26 million, increasing its shareholding in Solomon to 90%. Last week, Markstone acquired 10% of Solomon Capital Markets from Tao Tsuot and an additional 10% from E. Solomon Investment and Consultancy. In November, investment fund Markstone agreed to invest approximately NIS 300 million in Solomon Capital Markets to gain a 60% stake in the company.