Thursday, December 15, 2011

Bethel Finance: Shari Arison buys out brother in Arison Holdings

www.bethelfinance.com

Bethel Finance news:
Shari Arison has bought out her brother Micky's 23% stake in Arison Holdings Ltd., the controlling shareholder in Bank Hapoalim (TASE: POLI), Shikun u'Binui Holdings Ltd. (TASE: SKBN), MIYA water ventures, and other companies. The company did not disclose the size of the deal.

In a notice to the TASE, Bank Hapoalim said that the Bank of Israel had approved the deal. Arison Holdings has a 20% stake in Bank Hapoalim.

Micky Arison is CEO of cruise operator Carnival Corporation (NYSE: CCL; LSE: CCL) and owns NBA team Miami Heat.

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