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.
image sourced from original article at https://www.jpost.com/business-and-innovation/article-841061
Original article source: https://www.jpost.com/business-and-innovation/article-841061
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