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Meitav Dash cancels XIO purchase plans as regulatory clearance looks unlikely

( August 22, 2017, 12:46 GMT | Official Statement) -- MLex Summary: Israeli investment company Meitav Dash has canceled plans to buy Chinese private equity company XIO Group. XIO didn't apply for regulatory approval after it changed the company's structure to bring in businessman and former finance ministry director-general Aharon Fogel as a minority shareholder. Meitav has, as a result, canceled the deal. The full text of the statement is below, in Hebrew:...

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