Front > MARKET


Prof. Haim Levy Photo: Wikipedia Conspiracy of silence surrounds ousting of Bank Leumi director

Former director Prof. Haim Levy wrote a letter criticizing the way the board of directors does business, but no one, including Levy, is talking about what was in the letter.

Bank Leumi branch picture: Tamar Mitzpi Treasury mulls selling Bank Leumi stake

The state's 6% holding is worth NIS 5.83 billion, 30% more than when the Ministry of Finance considered a sale several years ago.

CollPlant Bio-Ink Photo: PR CollPlant opens Rehovot rhCollagen production plant

The facility is designed for purification of rhCollagen and formulation of end-products, including BioInks for 3D bioprinting and its proprietary tissue repair products.

Azrieli Center Photo: Eyal Yitzhar Azrieli buys another major lot in central Tel Aviv

The new building is adjacent to the Azrieli Town project under construction south of the Azrieli Center.

chips  photo: Shutterstock QualiTau receives large order from Asian semiconductor co

Meanwhile, shareholders are at odds over the company's future.

Arie Kotler, photo: PR Arko Holdings further expands US fuel station business

Through its GPM subsidiary, Arko Holdings has bought or leased 267 fuel station and convenience store sites.

Judge Eitan Orenstein  photo: Eyal Yitzhar Court orders Bezeq parent co Eurocom to be liquidated

The banks did not accept the bids for Internet Gold by Saidoff and the Neuman brothers.

Nati Saidoff Photo: PR Saidoff, Neuman brothers bid for Bezeq parent co

The banks are unenthusiastic about the two bids, which are based mostly on Internet Gold's current low market cap.

Teva Photo: Tamar Matsafi Teva, Procter & Gamble terminate OTC venture

The separation follows Procter & Gamble's $4.2 billion acquisition of Merck's consumer health unit.

Outerspace Photo: Shutterstock Stratasys to provide 3D printed parts for Orion spacecraft

NASA's EM-2 mission taking astronauts beyond the moon will use thermoplastic parts printed by the Israeli company in collaboration with Lockheed Martin and PADT.

Eyal Waldman  photo: Tamar Matzafi Mellanox beats forecast as revenue jumps 30%, profit soars

Mellanox CEO: Our record first quarter financial performance is the result of the successful execution of our growth strategy.

Shilav stores Fox in talks to buy 50% Shilav stake

Ronen Eldad's acquisition of Shilav from its founders was announced only a few weeks ago.

Shekel-dollar ASAP Creative Shekel weakens after BoI rate call

The Bank of Israel said it does not plan an interest rate hike until the end of 2018.

Avi Geffen  photo: Eyal Izhar Alon Group sells remaining Delek US stake to pay bondholders

Alon Group realized $200 million on the sale, after a 70% rise in Delek US's share price in the past year.

Yes Bezeq International and Yes launching triple package

The package will include Yes's STINGTV Internet television service.

Ittai Ben-Zeev  photo: Tamar Matsafi US firm Manikay Partners buying 19.9% of TASE

Other international investors will buy a total of 51.8% of the Tel Aviv Stock Exchange, of which 30% will eventually be offered to the public.

drug development OrbiMed invests $16m in Foamix Pharmaceuticals

Based in Rehovot, Foamix is focused on developing and commercializing proprietary topical foams to address unmet needs in dermatology.

Teva Photo: Reuters Ammar Awad Histadrut: Teva ignoring potential Ashdod plant buyers

The Histadrut has demanded that Teva immediately suspend plans to close its Ashdod plant.

Yitzhak Tshuva  photo: Gil Yohanan Tshuva again fails to delist Delek Energy

Delek Group improved its offer, but it still fell short. Market source: The reasons for the rejection are not purely economic.

Kafrit Industries factory Kfar Aaza  photo: PR Plastics compounds co Kafrit Industries in US acquisition

Kafrit Industries will pay around $36 million for the activity and assets of a company in the US.

medical cannabis Together unit signs 50 ton Canadian medical cannabis deal

Globus Pharma has signed a MoU to sell 50 tons of medical cannabis to a Canadian company.

Carmit Photo: PR Carmit candy factory moving to Galilee

The company will receive NIS 20 million in grants and a site twice as big as its current one in Rishon Lezion.

Partner CEO Isaac Benbenisti Photo: Amir Gossfried Partner TV to offer Amazon Prime

Partner TV is the first TV service in Israel that can now offer the Amazon Prime Video app on its STBs, and the first OTT service in the world to support the app on Android TV.

Bezeq Bezeq appeals to Supreme Court against NIS 8.5m fine

Bezeq is seeking to avoid a ruling that it tried to prevent the wholesale landline telephony market reform.

Cannabis TASE investors get high on Israel's cannabis stocks

It is unclear whether medical cannabis exports will be permitted, but share prices of companies in the industry are soaring.

Kobi Richter  photo: Ronny Schitzer Kobi Richter: KLA wanted to buy Orbotech 35 years ago

The Orbotech co-founder explains why KLA-Tencor's acquisition is good for both the company and Israel.

Doron Gerstel Photo: Eyal Yitzhar Can Perion get back on track?

CEO Doron Gerstel, who has managed the company for the past year, says that this is the fourth turnaround that he has led.

Karnit Flug Photo: Reuters BoI fears interest rate hike effect on P2P loans

"A higher interest rate will give the banks a bigger advantage."

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018