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Shamrock to Buy $20-Million Mashov Stake

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Bloomberg News

Shamrock Holdings, the Los Angeles-based investment arm of the Roy E. Disney family, said it will invest as much as $20 million for a 50% holding in Israel’s Mashov Computers. Mashov controls a number of technology investments. Shamrock recently sold its 20% interest in Israel’s largest publicly traded company, Koor Industries. “As we’ve come out of our investment in Koor, we’ve looked at Israel’s investment horizon,” said Robert Moskowitz, executive vice president at Shamrock. Israel’s high-tech companies “are of significant interest to us,” he said. They have shown “continuing growth.”

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