Private Israeli equity fund could become El Al's biggest shareholder
Under a revised agreement, Ishay Davidi's private equity fund could take up to a 45% stake in Israel's flagship airline if it exercises all its options.
FIMI, a private equity fund controlled by Ishay Davidi, could end up with a stake of as much as 45.1% in El Al Israel Airlines in three years, the two sides said on Tuesday, detailing the final terms of a deal announced in February.
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