Is trouble brewing over 888 Holding’s horizon?

Shares of 888 holdings are down at the London Stock Exchange since Wednesday as speculations on the supposed disagreement among the company’s top brass continue to persist.

While the duo did not state the reason why they divested their shares, The Financial Times (FT) reported that Ben-Yitzhak brothers decided to downsize their stake in the business from 10.4 percent to below the 3-percent disclosure threshold last Wednesday.

The Ben-Yitzhak brothers, who sold their family trust’s shareholding at £57 million and at 205p apiece, co-founded 888 holdings together with Shaked brothers Avi and Aharon in 1997. At present, the 48.2 percent of the stock held by the Shakeds were split evenly between Avi Shaked and the children of his late brother.