Connect with us

Hi, what are you looking for?

Jewish Business News


Ehud Barak denies interest in Israel Military Industries (IMI)

Ehud Barak: I have not now, or ever, any intention of acquiring IMI.

Egypt-Israel Border Attack Kills at Least 16

Ehud Barak
/ By Yuval Azulai and Doron Avigad/
Ehud Barak today denied media reports that he and Ira Rennert were in the race to acquire Israel Military Industries Ltd. (IMI), which is being privatized.”I’ve been abroad for a few weeks, and I saw the reports about this with great surprise, ” Barak told “Globes”. I have not now, or ever, any intention of acquiring IMI. There is no basis to these reports. I took the decision never to be involved in any of the defense companies that I had relations with during my tenure as defense minister, as part of the mandated cooling-off period for public servants.”

As for his relations with Rennert, Barak said, “I am astonished that none of the parties which published this report did not ask me about it. I know Rennert well; he has done a great deal for Israel, but I have no business relations with him.”



EA Investment Banking Ltd. CEO Eldad Avraham

On Sunday, EA Investment Banking Ltd. CEO Eldad Avraham asked the ministerial privatization committee, which is chaired by Prime Minister Benjamin Netanyahu, to prevent Barak from participating in the IMI tender. The committee will meet on Tuesday to discuss the company’s privatization. Avraham is organizing a consortium to bid in IMI’s tender, if and when the government publishes it.


Published by 


See all stories on this topic :

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...


Now Platika joins and elite club of $10 billion plus Israeli firms.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...