Liberal billionaire George Soros’s investment firm recently purchased $24.3 million of shares in the Israeli company SodaStream, dealing a blow to groups seeking to economically boycott Israel.
The Soros Fund Management LLC purchased the shares earlier this year, according to Bloomberg, which reported:
The firm, based in New York, bought $24.3 million of shares of Lod, Israel-based SodaStream. The holding makes up about 0.3 percent of its $9.3 billion U.S. stock portfolio, according to a filing with the Securities and Exchange Commission yesterday.
Soros’s firm also bought shares in the Israeli drug company Teva Pharmaceutical Industries, according to the report.