IDB in talks to sell 30% of Clal Insurance to Chinese group

The sale price of a 30% controlling stake to a Chinese investor at a company value of NIS 4.6 billion reflects a 25% premium.

By GLOBES
July 24, 2013 23:24
Highrise residential and commercial buildings are seen at Hong Kong island August 29, 2012.

Hong Kong 150. (photo credit: REUTERS/Bobby Yip)

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