FIMI Opportunity Funds (FIMI) has announced a cash special tender offer to purchase 8,669,029 ordinary shares of Magal Security Systems Ltd. (Nasdaq: Magal, led by CEO Dror Sharon, operates through two divisions, as a systems integrator for security systems and its Senstar division with software products and video surveillance and analysis systems. RELATED ARTICLES Magal awarded $8m East African deal Magal looks to protect Israel's cannabis fields Magal buys Israeli video security co ECS BAZ Magal security Systems wins $20m in new orders Magal's share price closed down 1.33% on Friday at $2.96, giving a market cap of $68.54 million. Published by Globes, Israel business news - en.globes.co.il - on May 24, 2020 © Copyright of Globes Publisher Itonut (1983) Ltd. 2020
