Averot Industries
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Jul 28, 2026
10:00ICE

Crime
Unusual move on the stock exchange: The company is suing its largest shareholder
On one side is Shapir Engineering, the controlling shareholder that appointed the management and wants to raise the CEO's salary. On the other side is Gabi Magnazi, the former controlling shareholder who remained with 28.3% and defeats every vote. In the middle: a company without a legal board of directors, which is now turning to the court. What is happening at Averot and what does it mean for...
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