The buyer is believed to be Chinese private equity firm Fosun Capital.
The English-born journalist has died in Jerusalem, aged 67, after a difficult illness.
Telecoms, Media & Marketing
Supervisor of the Capital Markets, Insurance, and Savings Dorit Salinger is fiercely opposed to the appointment of her predecessor.
Families renting a larger home and renting out their smaller home should get a tax break.
Teva fell on heavy trading but Delek was lifted after signing an MOU to sell Phoenix.
The Antitrust Authority has barred Isrotel from extending its management contract.
Apply will distribute the official branded smartphone keyboard for the soccer club.
Nexium Delayed-Release Capsules had sales of $6 billion in the US last year.
Fewer not more controls are the key to obtaining low gas prices in Israel.
Kimberly-Clark, which already owns 50.1% of Hogla-Kimberly, will pay NIS 650 million for the remaining stake.
Mergers & acquisitions
The Bank of Israel's Monetary Committee kept the interest rate at 0.25% and warned that the mortgage market is heating up.
Adv., Meir Mizrahi & Co.
Bureaucratic wrangling and ever changing regulations are frustrating what could be Israel's natural gas revolution.
If it takes years to connect eight factories to natural gas, when will we see the Tel Aviv Light Rail?
Sanara Ventures in Ra'anana will invest in medical devices and fields that complement drug development.
The Hebrew University tech transfer company will collaborate on a novel delivery system.
Art sales at Christie’s reached $8.4 billion in 2014, up 12% from 2013, with contemporary works leading the rise.
A survey by Israeli company One Hour Translations was conducted in eight key world markets.
The Bank of Israel is holding its interest rate at 0.25% for February.
After just four months the Israel Tax Authority program has received 620 applications, 70% of them anonymous.
Berenberg analysts see insurance companies pressuring MS patients to switch to generic versions of Copaxone.