London is a very popular place in term of tourism and place to explore and moreover a best place to take a shopping experience, and people love to go Camden Market by previously Owned by London based Israeli Businessman Bebo Kobo, he was looking for a buyer since last year and search was stopped, when he met with Israeli billionaire Teddy Sagi because he bought Camden Market for Nearly £400m. Kobo Partnered with Richard Caring since 2005 and Kobo was the major share holder of the market. This massive acquisition brought kobo £300m and £100m to Richard caring, which he then invests into another real estate programs near to market. The Camden lock is a prestigious place to tourist’s shoppers in north London, nearly 40 million people visiting the place every year and spending thousands of dollars.
Sagi has acquired full ownership of Camden Market – 50% from Israeli billionaire Bebo Kobo, partner of Israeli model Miri Bohadana, and 25% from each of Kobo’s British partners – property company Chesfield Partners, and restaurant tycoon Richard Caring. The transaction was made based on a total market value of £400 million, NIS 2.4 billion. The deal includes a property called Hawley Wharf, where Sagi intends to build 170 houses, a school and even a movie theater. Sagi, only 42, started building his fortune 15 years ago, when Playtech was founded. Playtech is the world’s leading provider of software-based platforms for online gambling websites, and it is traded in the London Stock Exchange at a value of $3.5 billion.
The Market was started way back in 90’s, then Mr. kobo Acquired it in london and give that place up for people to built a stall which later became very popular because the place has several art galleries, antiques shop and several other shops and made the deal worth £400 million.