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Trusted by
Acquiring Company
Ayalon Insurance
Acquired Company
CAL Israel Credit Cards
Description
Ayalon Insurance is expressing initial interest in acquiring CAL Israel Credit Cards from Discount Bank. This move comes after a previous deal with the Union-Harel group collapsed. Ayalon believes it has a better chance of regulatory approval due to its smaller market share in the insurance sector. Discussions are ongoing to assess the feasibility of this potential acquisition.
Fundz sees it the moment Ayalon Insurance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired CAL Israel Credit Cards?
CAL Israel Credit Cards was acquired by Ayalon Insurance, based in Tel Aviv. The deal was reported on October 14, 2026. Ayalon Insurance is a relatively small player in the insurance sector. It is controlled by WeSure Global Tech, which holds a 59% stake. Ayalon Insurance is privately held and operates in Financial Services.
When did Ayalon Insurance acquire CAL Israel Credit Cards?
Ayalon Insurance's acquisition of CAL Israel Credit Cards was reported on October 14, 2026. Ayalon Insurance is expressing initial interest in acquiring CAL Israel Credit Cards from Discount Bank. This move comes after a previous deal with the Union-Harel group collapsed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CAL Israel Credit Cards do?
CAL Israel Credit Cards is involved in the issuance of credit cards in Israel. The company is currently owned by Discount Bank, which is under pressure to divest its stake due to regulatory requirements. It is privately held, operating in Financial Services, and is based in Tel Aviv.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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