Rani Zaim on his way to regaining control of the shopping centers company

Rani Zaim is set to regain control of Rani Zaim Shopping Centers after the Hajaj Group agreed to sell him 7.5% of the company's shares for 75 million shekels, in a deal that values the company at 1 billion shekels. Zaim also received an option to purchase an additional 7.5% over the next year. The transaction marks a turnaround for Zaim, who had been selling shares in recent years to reduce his debts.

Rani Zaim is on his way to regaining control of Rani Zaim Shopping Centers, after the Hajaj Group agreed to sell him 7.5% of the company's shares for 75 million shekels. The deal values the company at 1 billion shekels, about 37% higher than its current market value of approximately 730 million shekels. In addition, Zaim received an option to purchase another 7.5% over the next year. After the completion of the transaction, Hajaj's holdings will drop to about 22.16%, while Zaim's share will rise to about 36%. If the option is exercised, Zaim will hold about 44% of the shares. The deal comes about two years after the Hajaj Group entered into a partnership with Zaim in December 2024 at a valuation of 520 million shekels. For Zaim, the transaction marks a shift in direction after he sold shares in recent years to reduce his debts. Zaim noted that the company is his life's work and that he believes in its business potential.