XT Group

The company branched out into aviation, high-tech, private equity, insurance, media and real estate.

It became known as XT Group in November 2012 and is jointly owned by Idan Ofer and Udi Angel.

The company's holdings include Zim, Israel Chemicals, Oil Refineries Ltd (BAZAN) in Haifa, Tower Semiconductor and more.

Prime Minister Benjamin Netanyahu's office denied allegations that the company's dealings in Iran had been authorized by the State of Israel.

[6] After Sammy's death, the company was divided between his sons; Eyal received the company's hotel and cruise operations and his younger brother Idan received Israel Corporation, a 9.7% stake in Mizrahi Tefahot Bank, and XT Shipping (part of XT Group, formerly Ofer Holdings).