Yitzhak Swary

Shafir Engineering signed a binding agreement to sell its natural gas distribution companies to Allied Group for 230 million NIS, expecting a profit up to 100 million NIS.

Investment house Pasternak Shoham completed its Tel Aviv IPO, raising ILS 70 million at a ILS 280 million pre-money valuation. Key investors included Itzik Oz and Prof. Yitzhak Swary's Allied Group.