9 groups left in Israel Military Industries privatization tender
Another step on the road to the historic privatization of Israel Military Industries Ltd. (IMI): the information rooms disclosing sensitive financial information about the state of the company will be opened More...
Chinese Bright Food to compensate Apax over delay in deal Of Israel’s Largest Food Wholesaler
The Chinese company will pay Tnuva’s controlling shareholders $29.4 million. Apax Partners, managed in Israel by Zehavit Cohen, and Chinese food giant Bright Food has signed an agreement More...
Chinese Bright Food Pushing Off Purchase of 21% of Israel’s Largest Food Wholesaler
Mivtach Shamir Holdings Ltd. (TASE:MISH) today confirmed last week’s report in “Globes” of the delay in the sale agreement for Tnuva Food Industries Ltd., after Chinese company Bright Food More...
Chinese Fosun May Buy Meir Shamir’s Share in Tnuva, to Control Israel’s Food Supply
Top executives of China’s Fosun Capital, which manages $10 billion, will visit Israel in the coming days to consider the possible purchase of Meir Shamir’s 21% stake in Tnuva Food Industries More...
Meir Shamir Invests in Elbit Wearable Computing
Until a few years ago, wearable computing was practically in the realm of science fiction. Today, it’s already a trend. It may be at the very beginning of its journey, but there is no doubt that More...
Israeli government seeks buyer for The Military Industries
– According to estimates, the sale price for the company will be $675-$810 million. – The government has approached the world’s leading investment banks including UBS, HSBC, Merryl More...
Chinese Bright Food and Israeli Tnuva seen reaching deal
– – Negotiations for the sale of Tnuva Food Industries Ltd. have reached the final stretch, and a deal may be signed within days. After Apax Partners Israel CEO Zehavit Cohen flew to More...
Israeli Tnuva Food Industries Sale Talks To China’s Bright Food Progress
– Meir Shamir and the kibbutzim agreed with Bright Food they will appoint a majority of directors to manage the company in Israel. – – There has been progress in the negotiations for the sale More...