A word with Head of research at Bank of Jerusalem

“Past attempts have shown that the Israeli regulator doesn’t want the controlling holder of an insurance company to be Chinese, as the transparency of these companies is problematic” – Head of research at Bank of Jerusalem, Meir Slater, on Israeli conglomerate Delek Group’s not-so-promising acquisition proposal by Chinese Fujian Yango Group. Recall failed takeover attempts below. If the name Kushner rings a bell, think: Oscar Health cofounder. Bottom Line: if you can’t buy it, build it.

delek