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Antimonopoly Committee approves Israeli group purchase of Ukrinbank
Journal Staff Report

The Antimonopoly Committee has cleared the way for Israel's Tarshish - Hapoalim Holdings and Investments Ltd. to acquire a more than 50% stake in Ukrainian Innovative Bank (Ukrinbank), the committee said in a statement on its website. Bank Hapoalim, one of Israel's largest banks, is planning to acquire 75.8% of Ukrinbank for $136 million.





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