Meitav Investment House (TASE: MTAV) is for sale. Investment bank JP Morgan has been asked to find a buyer by the controlling shareholders, brothers Eli and Nir Barkat. On behalf of the brothers’ holding company BRM, the investment bank has approached several parties and proposed several possibilities for a deal, among them one that will include the sale of the holding of the Stepak family, which controls Meitav jointly with BRM.
The Barkat brothers became joint controlling shareholders in Meitav in 2013, when Meitav merged with investment house Dash. In 2016, Meitav agreed a sale to Chinese fund XIO at a valuation of nearly NIS 1.5 billion, but a year later the deal was canceled.
Meitav stated in response: "We have seen approaches from foreign investors to the company, which is perceived as attractive. In the offering last December international entities were exposed to the company’s business, and since then approaches have been received on the matter by the company and by the controlling shareholders. The company examines every approach and opportunity in accordance with a range of considerations."
Nir Barkat serves as Minister of Economy and Industry in the current Israeli government.
Published by Globes, Israel business news - en.globes.co.il - on June 4, 2026.
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