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Mergers & acquisitions

Yitzhak Tshuva Delek's sale of Phoenix to Fujian Yango falls through

Delek Group cited difficulties in obtaining approvals from the Capital Market, Insurance and Savings Authority.

Filber, Elovitch  photos: Tamar Matsafi Did Communications Ministry chief try to help Elovitch?

A letter by Ministry of Communications director general Shlomo Filber backs a move that would have enabled Bezeq to pay a huge dividend.

Ron Eilon  picture; Rafi Deluya Yes CEO received NIS 2m bonus for Bezeq merger

The bonus was given before the merger, which enabled Bezeq to avoid reporting it to the TASE.

Frutarom  photo: Rafi Kutz Frutarom buys Brazilian flavors company

In its largest acquisition in 2017 so far, Frutarom has bought 80% of Brazilian company SDFLC for $33 million.

Stella Handler  photo: PR/Yanai Yehiel ISA questions Bezeq CEO Stella Handler

Handler joins Bezeq controlling shareholder Shaul Elovitch and Yes CEO Ron Eilon on the list of  those questioned in the Bezeq-Yes affair.

Yes Yes valuation dispute escalates

A Bezeq director tried to get Merrill Lynch to raise its valuation for Yes, in opposition to his company's interests.

Israel Chemicals Photo: Eyal Yizhar Israel Chemicals to sell non-core assets worth $500m

Acting CEO Asher Grinbaum has been cutting spending and costs to deal with lower potash prices.

Tnuva cottage cheese  picture: Tamar Mitzpi Kibbutzim mull selling Tnuva stake

The kibbutzim are angry about the delay in appointing a head of the Bright Food office in Israel.

Qoros electric car  photo: PR Kenon reduces Qoros stake

A new Chinese investor will invest 6.5 billion yuan for one third of loss-making auto venture Qoros.

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