News Briefs

  4/8/2013, Nisan 28, 5773

Businessman Idan Ofer Moving to London

Idan Ofer, who holds a controlling interest in the Israel Corporation holding company, intends to move to London, according to a Monday-morning report by the Globes business publication.

Sources close to Ofer tied the move to his son's expected studies abroad, but the business sector believes that taxes are playing a role, in spite of high British taxes that have driven wealthy residents abroad.