Goldman Sachs Looking For Additional Investments.(Goldman Sachs and Co.'s Israeli investments)

Israel Business Today, June, 1998

Goldman Sachs, who has been investing in Israel since only lastyear, has purchased another 3.6 percent of bank Hapoalim for $130 million from the Arison Group and the State. This is in addition to the NIS 50 million purchase that Goldman Sachs made directly from the Dankner family. Goldman Sachs has also purchased 9.5 percent of 1DB Holdings, for an investment of NIS 282 million. The company's vice chairman Mr. Robert Hormats said that this is only the beginning of a very good start and that his company sees great investment opportunities in Israel both for his company and for its clients. He added that his company is prepared to help Israeli companies looking for overseas financing and for matching potential investors with Israeli companies.

During the last...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.