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Barak family to become partner in Wesure, Ayalon for NIS 270m

Barak family to become partner in Wesure, Ayalon for NIS 270m
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Insurtech company WeSure boosts portfolio with $110 million acquisition of Ayalon

WeSure buying control of insurance co Ayalon

WeSure buying control of insurance co Ayalon Digital insurance company WeSure has agreed to buy 50.4% of Ayalon from its founder s heirs for NIS 354 million. Digital insurance company WeSure (TASE: WESR) is buying control of insurance group Ayalon Holding Ltd. (TASE: AYAL) for NIS 354 million. This follows various reports of companies interested in buying control of Ayalon from the heirs of its founder Levi Rahmani. WeSure will buy 50.4% of the shares in Ayalon. Emil Vainshel, one of the founders of WeSure Global Tech, previously served as CEO of Ayalon. RELATED ARTICLES

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