Shea Levin — text status

Israeli airline Arkia is set to change ownership after the Nakash brothers signed an agreement to sell their controlling stake to investors Yariv Lerner, owner of Negev Ceramics, Einav Adiv-Barer, Kidan Dahari, and Yaron Adiv. The deal includes tens of millions of dollars in new investment and comes amid financial difficulties and a labor dispute with Arkia employees, who own approximately 20% of the airline.