Connect with us

Hi, what are you looking for?

Jewish Business News


Israeli Fashion Chain Fox Confirms Talks With Apax

The fashion chain says no price or terms for a deal with the private equity fund have been set.
fox logo

In a notice to the Tel Aviv Stock Exchange, fashion chain Fox-Weizel Ltd.(TASE: FOX) has confirmed the report in “Globes” that Apax Israel is in talks with it on investing in the company.”The Apax fund approached the company’s management to examine the possibility of investment, ” Fox states in the notice, “Following this approach, negotiations took place, a confidentiality agreement was signed, and Apax will conduct an examination of the company.”

Fox states that at this stage no price or clear terms have been set for a deal, and stresses that the company’s board of directors has not yet discussed the proposal.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

APAX logo

Published by 



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 Movie The Professional is what made Natalie Portman a Lolita.


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...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.