Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Roman Abramovich, Oded Kobo’s Shellanoo set for TASE IPO

The Israeli company develops apps for smartphones and online services.

Roman Abramovich, Oded Kobo - source company website

 

Sources inform “Globes” that Poalim IBI Underwriting and Investments is set to lead an IPO by Roman Abramovich and Oded Kobo’s Shellanoo Group, which is developing apps for smartphones and online services. Shellanoo is planning to raise tens of millions of shekels. The lawyer for the offering is Adv. Israel Shimonov.

The media recently reported that Abramovich and Kobo were interested in acquiring Golan Telecom Ltd. from Michael Golan, whose deal to sell the company to Cellcom Israel Ltd. did not go through.

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 office@jewishbusinessnews.com.
Thank you.

Oded Kobo founded Shellanoo in 2014. The son of businessman Bebo Kobo, he is described on the company website as “an acclaimed Internet entrepreneur and businessman with over 20 years of experience and success in the sector.” The website adds, “Over the last two decades, his business interests have ranged from telecom to Internet to private equity to property, with over $1 billion in exits.” The company has several dozen employees in its Herzliya offices.

Read the full story at Globes, by Shai Shalev

Newsletter



Advertisement

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...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

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.

Copyright © 2021 Jewish Business News