TEL AVIV, April 24 Leumi, Israel's second-largest bank, said on Sunday it had swapped its remaining 5.86 percent stake in holding company Israel Corp for a 1.4 percent holding in Israel Chemicals (ICL).
ICL, one of the three largest suppliers of the crop nutrient potash to China, India and Europe, is a subsidiary of Israel Corp. Leumi exchanged 451,252 shares in Israel Corp for 17.9 million ICL shares.
10:48 Carlos Slim's Telekom Austria to buy Croatia's Metronet15
09:49 Intesa to provide bulk of funds to Glencore for Rosneft deal: sources20
07:53 EFG International to cut up to 450 jobs as part of BSI integration17
10:05 JPMorgan, HSBC, Credit Agricole Fined $521 Million Over Euribor20