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Altshuler Shaham leads bid for 20%-25% stake in retail chain KSP

Altshuler Shaham Investment House is leading a group of institutional investors to acquire a 20%-25% stake in retail chain KSP at an estimated company valuation of NIS 2.3 billion. KSP founders Zeev Sorkin and Yaakov Prilock are expected to sell shares for up to NIS 580 million. The chain, which started as a computer components store, now offers a wide range of home improvement products and operates both physical stores and a sales website.

Original article source: https://www.jpost.com/business-and-innovation/article-841061
Source Id: 8535895250

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