Meitav Dash completes acquisition offer for Peninsula; will invest NIS 51 million in the company
The offer is part of Meitav Dash’s investment deal with Peninsula that was signed in August. The Meitav Dash investment house, managed by Ilan Raviv, will hold 34% of the non-banking credit company Peninsula, which is traded on the stock exchange at a company value of approximately NIS 133 million. Yesterday (Sunday), a purchase offer was completed, in which Meitav Dash purchased shares that will constitute 14% of Peninsula’s capital upon completion of the deal between the parties, in exchange for a total of approximately NIS 22 million.