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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.
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