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Leumi will acquire 18% of Superpharm for NIS190 million

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The Leumi Board of Directors today approved the transaction for acquiring 18% of the Superpharm Group for a consideration of approx: NIS190 million. The acquisition will be executed through Leumi & Co, Leumi’s non-banking investment wing, by means of a share allocation. Leumi has also has an option to up its holding to 20%.…

National Bank of Canada and BNP Paribas join forces in hedge fund managed accounts

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National Bank of Canada and BNP Paribas announced on 2 May that they have formed a joint venture offering hedge fund managed accounts, a vehicle of choice for retail and institutional investors who wish to invest in hedge funds while controlling operational and market risks. …

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