Eli Dahan

A power struggle is unfolding at Novolog between controlling shareholder Ehud Pozis and businessman Eli Dahan. Dahan has proposed a 100 million shekel investment in exchange for a 21% stake in the company.

Novolog shares are surging amid a struggle for control. The Movement group has offered a 100 million shekel investment for a 21.34% stake, prompting controlling shareholder Ehud Pozis to attempt to dissolve the board to block the deal.

The company 'Movement', owned by Eli Dahan, has submitted an offer to purchase 21.34% of the shares of pharmaceutical distributor 'Novolog' in exchange for a 100 million shekel investment.