Canada Goose Outlet Israel sells 5 pct of Bank Leumi for Canada Goose Outlet
canada goose The government move to reduce its Bank Leumi stake could open the way buy canada goose jacket cheap for investors to step in to build up a canada goose uk outlet controlling position.Leumi Canada Goose Outlet largest shareholder now is businessman canada goose Shlomo Eliahu canadian goose jacket with 9.59 percent. Eliahu has expressed his intent to form a group that could seek control of Leumi [ID:nLDE63D0KS].But an increase in his stake would require a permit from cheap Canada Goose the Bank of Israel, Accountant General Shuki Oren Canada Goose online told Reuters.UBS placed the bank shares with its clients. UBS said there was a great Canada Goose sale deal of interest from foreign funds and about 80 percent buy canada goose jacket of the related https://www.canadagooseoutleta.com Cheap Canada Goose shares were sold to foreign investors.The Finance Ministry had wanted the Bank Leumi canada goose clearance sale stake sale to go ahead by the end of 2010. canada goose uk black friday But the Bank of Israel wanted to wait until a law was amended to deal with canada goose coats on sale regulation of Canada Goose Online a bank without a canada goose coats controlling interest.submitted a draft bill, which passed in the first reading in parliament, Oren said.Bank of Israel didn object to selling half uk canada goose our shares and now we will seek to complete the legislation, which must canada goose clearance pass two more votes in parliament.GOVERNMENT STAKE Oren said in reality the government was now no canada goose uk shop longer Leumi controlling Canada Goose Coats On Sale shareholder.who says that someone with 6.5 percent is a controlling shareholder isn serious, Oren said.The government holding is now 6.5 percent, of which 1 percent will be sold to Leumi employees. It will not sell any additional Leumi shares canada goose factory sale in the next 60 days.The accountant general said the government would likely sell the remaining 5.5 percent in one block.sold 5 percent easily canada goose black friday sale and if there no dramatic change in the market we will be able to sell 5.5 percent the same way.The price for Wednesday deal was 0.9 percent below Leumi closing price of 17.77 shekels on Tuesday, the Finance Ministry said. Its shares were down 0.3 percent to 17.71 shekels Canada Goose Parka in midday trade.The ministry had asked nine foreign investment banks to submit bids for a 3.5 5 percent stake in Leumi.The bank is the last Israeli bank in which uk canada goose outlet the government still holds canada goose store shares acquired in 1983 when the country banks had to be bailed out because of a financial crisis.The government began selling Canada Goose Jackets off holdings in the country banks in the 1990s to reverse the nationalisation during the cheap canada goose uk 1983 banking crisis. ($1 = 3.53 shekels) (Reporting by Tova Cohen. Editing by Jane Merriman) canada goose.