Bank Leumi chairman Eitan Raff said the acquisition was part of the bank’s strategy to diversify and increase its sources of revenue. “Leumi has always been characterized by a wide range of its sources of revenue, while fostering over many years non-financial assets that have generated strong profits. The investment in Super Pharm is part of this trend, and I believe that it, too, will generate handsome profits for many years.”
Super Pharm chairman Leon Koffler said, “The Koffler family is proud to have Bank Leumi as a partner. Concern for the good of the chain helped us choose Leumi as a partner, since a link-up with it will enable Super Pharm to preserve and increase its value.”
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007
You comment was recieved and soon will be published.
Thank you for posting your comment, which will be reviewed for publication.
Load more comments