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Thursday, June 24, 2010

Manor family investing in Hammerman

The Manor family, which owns a controlling interest in the David Lubinsky import company that brings Peugeot and Citroen cars to Israel, is investing in the construction company ZMH Hammerman.

The Manors will be putting in NIS 30 million in exchange for 27.3% of the company's stock. The transaction values ZMH Hammerman at NIS 110 million.

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