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November 30, 1993

OSHAP TO BUY 46.3% OF DECALOG SA SHARES

By CBR Staff Writer

Herzliya, Israel-based Oshap Technologies Ltd is to buy 46.3% of Paris software house Decalog SA for $3m: it has to acquire additional shares to give it 51%; Decalog, founded in 1989, specialises in proprietary software products and consultancy for automating and assisting in portfolio management and dealing room operations of banks and other financial institutions.

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