Israeli private equity fund FIMI has agreed to acquire about 40 percent of a stake in Magal Security Systems from Ki for $3.50 per share. Following the closing of the transaction, Magal will be the largest shareholder in Magal. Based in Israel, Magal is a provider of solutions and products for physical and cyber security, safety and site management.

from PE Hub News: Buyout Deals http://ift.tt/1u3n1jc
via IFTTT

Publicités