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MERGERS & ACQUISITIONS

Gadi Lesin Strauss Group buys out TPG stake in Strauss Coffee

Strauss Group is paying €257 million for the 25% stake.

Groupon  photo: Eyal Izhar Sky Fund acquiring Groupon Israel

The managers of the Israeli branch are also taking part in the acquisition.

Moti Ben-Moshe Ben-Moshe, Mirilashvili buying power station option

The power station in Be'er Tuvia will produced 430 megawatts using combined cycle technology.

Sholem (Saul) Lapidot photo: Roni Schutzer Adama stake sale boosts IDB profit

The group's auditors have removed the going concern qualification they attached to its financial statements in recent years.

Israir Israir reports strong profit growth

All measures of the airline's business improved in 2016, and it added revenue from incoming tourism.

Ori Yehudai Frutarom's sales soar 31% in 2016

The company's operating profit was $149 million, and its net profit $109 million.

Philip Serlin  photo: PR BiolineRx buys UK co Agalimmune

BiolineRx is paying $6 million upfront for Agalimmune, which has developed a new immunotherapy solution for treating cancer.

Michael Golan  photo: PR-Shuka Cohen Communications Ministry approves Electra Golan merger

The Electra Consumer and Golan Telecom shareholders are expected to approve the deal soon.

Ilan Raviv Photo: Eyal Yizhar Meitav Dash down on XIO dispute

A Chinese billionaire is accusing the XIO fund, due to buy Meitav Dash, of denying his holdings in it.

SAIC Photo: PR All roads lead to Israel for smart car development

Intel, Samsung, General Motors and Alibaba are just some of the global corporations investing in Israeli auto-tech.

Izhar Shay   picture: Tamar Miztpi Exits have built Israel's high-tech ecosystem

The sale of Mobileye to Intel will create an entire industry and benefit the entire country. The decision to sell was correct.

Shmuel Harlap  picture: Eyal Yitzhar Shmuel Harlap: Selling Mobileye the right decision

The Colmobil controlling shareholder and major Mobileye shareholder says Mobileye and Intel need each other.

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