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Bank Leumi Buys A Stake In Paz Oil Company.(Brief Article)

In a move which executive at Bank Leumi (Israel's second largest bank) explained as an effort to diversify the bank's income source by investing in non-banking companies, Bank Leumi paid $85 million for a 19 percent stake in Paz Oil Israel. This company is Israel's largest oil company and the main asset that it owns is the 230 filling stations spread all over the country. The pu

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