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Abu Dhabi's ADQ leads consortium to buy stake in Israel's Phoenix Group

DUBAI/JERUSALEM: A consortium led by Abu Dhabi state holding firm ADQ is in advanced negotiations to acquire a controlling stake in Israeli financial firm Phoenix Group for more than $800 million, a regulatory filing showed, according to Reuters. US private investment firms Centerbridge Partners and Gallatin Point Capital, which hold 33.4 percent of the Israeli company, are in ....

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ADQ leads consortium to buy a stake in Israel's Phoenix Group - News

US private investment firms Centerbridge Partners and Gallatin Point Capital, which hold 33.4 per cent of the Israeli firm, are in talks to sell about 25 per cent-30. ....

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