Migdal (company)

Migdal Insurance and Financial Holdings Ltd. (Hebrew: מגדל‎) (TASE: MGDL) is an Israeli insurance company.

History

Migdal was founded in Jerusalem in 1934. The original group of investors included local Palestinian Jews, families from Egypt and Italy and the Italian insurance company Assicurazioni Generali which held a 50% stake and provided the original financial and professional backing.

Generali eventually held 70% of Migdal's shares, and Bank Leumi owns almost 10%.

In September 1996, Migdal made its initial public offering on the Tel Aviv Stock Exchange, selling 20% shares stake.

In March 2012 Assicurazioni Generali sold Migdal to Shlomo Eliahu.[1]

gollark: Er, differential. Not derivative.
gollark: Are the integral and derivative ones actually saying the same thing? The derivative ones look less complex.
gollark: So you can just use P=IV with that, as you can work out the voltage.
gollark: voltage on primary/voltage on secondary = turns on primary/turns on secondary if I remember right, and the power on both things is the same (ignoring losses).
gollark: Just solve for a.

See also

References
  1. Shlomo Eliahu buys Migdal from Generali 7 March 2012, Globes
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