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Israeli deal in Ireland could lead to more

An Israeli property company has struck a multi-million dollar deal in Ireland that could herald further Israeli involvement in the country. Ravad is doubling its first major investment in Ireland in a deal worth $18.3 million. The Israeli firm, which is controlled by investor and dealmaker Igal Ahouvi, is paying about $9 million to acquire control of a retail property occupied by the British supermarket chain Tesco.