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(From Israel Business Arena)
Byline: Dafna Zucker
Representatives of credit card company CAL shareholders, Israel Discount Bank (TASE:DSCT), the Fishman group, First International Bank of Israel (TASE:FTIN1; FTIN5), and Harel Insurance (TASE:HARL1; HARL5), suggested floating CAL shares on the Tel Aviv Stock Exchange (TASE) during last week's meeting. Israel Discount Bank general manager Giora Ofer, First International Bank of Israel CEO David Granot, and Eliezer Fishman's son Eyal Fishman attended the meeting. Discount Bank owns 51% of CAL, the Fishman group 24%; First International Bank 20%, and Harel Insurance 5%.
The purpose of the IPO would be …