Ocif Investment and Development, the property company controlled by Israeli businessman Arkady Gaydamak, climbed for a fifth day, increasing NIS 1.21, or 2.5%, to 48.93. Migdal Insurance Holdings Ltd., Israel's biggest life insurer, is in talks to buy Tel Aviv real estate from Gaydamak for NIS 1.5 billion, according to themarker.com.
Israeli-Russian businessman Arcady Gaydamak has won the tender for the Bikur Holim Hospital in Jerusalem.Over the last few months, Gaydamak has been competing over the purchase of the hospital in what has been a well-documented race.
Investors want to know: which is better, Lev Leviev's Africa Israel (TASE: AFIL), which has been waning of late, or Arcadi Gaydamak's recent acquisition, Ocif Investment & Development (TASE: OCIF), quite the darling of late?
Beitar Jerusalem football club owner Arcadi Gaydamak has bought the club’s training ground in the city’s Bayit Vegan neighborhood for $30 million. However, the club’s management believes that conditions on the deal, including building permits for the site, could ultimately prevent the deal from being closed.
Minrav Holdings Ltd. (TASE: MNRV) and chairman and CEO Avraham Kuznitsky today notified the Israel Securities Authority that he was negotiating to sell the controlling interest in the company to Arcadi Gaydamak at a company value of NIS 500 million.
