Markstone selling Apax Israeli Psagot stake at bargain price

The Markstone Fund is about to exit from investment house Psagot at “an end-of-season price”. Markstone’s creditors have approved in principle understandings reached between the struggling More...

Apax Israel raises new $250 million fund

–   /By Lital Istamati and Ron Stein/ Apax Israel CEO Zehavit Cohen has completed raising the fund, which will be used for about 10 acquisitions in Israel. It took a little more than a year,  More...

Nochi Dankner Loses IDB To Argentine Businessman Eduardo Elsztain

– The Eduardo Elsztain-Motti Ben-Moshe consortium received over 75% of the bondholders votes for a clear victory in the bid to control IDB. –           Eduardo Elsztain / Wins        More...

Yitzhak Tshuva fails to delist Delek Energy from TASE

– Fell just 0.36% short of the required majority to delist from the TASE in its offer to purchase. – –  / By Ron Steinblatt / Despite a positive response from institutional investors including Psagot More...