The food chain is expanding its activity to the field of discount (‘stock’) stores. It is acquiring control (50.1%) of the Zol Stock chain for NIS 45 million, based on a valuation of NIS 90 million. Yochananof intends to conduct an IPO for the company based on a valuation of NIS 300 million. Yochananof was represented by Partner Amnon Sorek.
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