Zadik Bino selling block of Paz shares

The sale is of a bock worth NIS 150-200 million.

Zadik Bino, controlling shareholder in Paz Oil Company Ltd. (TASE:PZOL) is selling a block of shares worth NIS 150-200 million today, "Globes" has learned.

Paz shares are currently leading the decline in the Tel Aviv 25 Index.

Bino controls Paz Oil Company, which has a market cap of NIS 5.96 billion, through Bino Holdings (45.52%).

Published by Globes [online], Israel business news - www.globes-online.com - on March 21, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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