Koor Gradually Exiting Credit Suisse

Sells 5.5 million shares of the Swiss bank, still holds 1.6% stake.

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Koor Industries, which is part of Nochi Dankner’s IDB Group, has begun selling off its 1.95% stake in Credit Suisse. The stake in Koor, run by Raanan Cohen and Lior Hannes, is being sold off by the decision of...