Fidelity acquires part of Phoenix shares sold by Jared Kushner

Calcalist reports that Fidelity Investments has acquired a portion of the Phoenix Holdings shares sold by Jared Kushner.

Calcalist reported Wednesday that Fidelity Investments has acquired a portion of the Phoenix Holdings shares sold by Jared Kushner. The Zioneer reported on July 28 that Kushner's Affinity fund sold a 25% stake in Phoenix for approximately $1.05 billion. The size of Fidelity's acquisition and the terms were not disclosed in the Calcalist report.

2 developments

1. 42 seconds ago · 08:04 · 29 JulLatest

   Fidelity Investments acquired a portion of the sold Phoenix shares.

2. 07:42 · 28 Jul

   Kushner's Affinity fund sells quarter of Phoenix shares for $1.05 billion

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