A billionaire father, who has built himself with both hands, appoints his children to senior positions in his business empire only to keep them away after a few years – because he is not happy with their performance. It may sound like a TV script, but these are the events of recent years in the insurance company responsible for the pension future of about 2 million Israelis. Everything you need to know – join TheMarker’s telegram channel (download – on Android, iPhone) In March 2012, businessman Shlomo Eliyahu caused a stir in the Israeli capital market. In the Bezeq deal, he acquired control of Migdal Insurance from the Italian company Generali for NIS 4.2 billion. Elijah marked a goal and within a month closed the deal. On the obstacle – obtaining a certificate of control of an insurance company —…
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