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Published on 12/3/2008 in the Prospect News Special Situations Daily.

Migdal Insurance reports 5.2% passive stake in Retalix

By E. Janene Geiss

Philadelphia, Dec. 3 - Migdal Insurance & Financial Holdings Ltd. reported a 5.2% equity investment in Retalix Ltd. as of Nov. 23, according to an SC 13G filing with the Securities and Exchange Commission.

That represents a passive stake of 1,008,992 shares.

Retalix is a Ra'anana, Israel, developer of software geared toward retail customer service, management, inventory and merchandising.


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