The institutional funds managed by Psagot Securities along with a series of institutional investors acquired 10.2% stake in Knafaim Holdings Ltd (TASE:KNFM) from Poju Zabludowicz on January 29, 2019. Under the terms, institutional funds managed by Psagot acquired 6.18% stake and Zabludowicz still holds 3.2% of Knafaim Holdings. The institutional funds managed by Psagot Securities along with a series of institutional investors completed the acquisition of 10.2% stake in Knafaim Holdings Ltd (TASE:KNFM) from Poju Zabludowicz on January 29, 2019.