Investors in the Tel Aviv-based fund include Clal Insurance & Finance, More investment house, and former Bank of Israel governor Jacob Frankel

Eshkol power station is sold in a tender by the Israel Electric Corporation; Meshek's subsidiary is said to have submitted a NIS 10 billion bid for the Ashdod plant

Clal gets control permits from regulators to buy control of Max from US private equity firm Warbus Pincus; deal hoped to boost competition in consumer credit market

Approval paves way for Clal to snap up Max credit card company in deal worth NIS 2.5 billion; central bank sets criteria for Clal to hold at least 30% stake in Max

Insurance company to become shareholder in Esh with 4.99% holding; investment values the new digital bank at NIS 1.8 billion

Clean Money Forum's quarterly ranking shows Altschuler Shaham as cleanest, Yellin Lapidot improving but Migdal increasing fossil fuel holdings, despite policy pledge to cut them