Kare Schultz: I'm very sad about the good people around the world who will leave us; we're doing what has to be done to remain a competitive and strong company.
In a letter to Prime Minister Benjamin Netanyahu, Kare Schultz commits to keeping Teva Israeli.
Teva's contribution to Israel's tax revenues has been virtually zero.
US companies are paying triple the fees paid by Israeli companies for bond issues.
The Israeli medical equipment company's financing round is at a company value of $460 million, before money.
CEO Kare Schultz: Teva will optimize its cost base while ensuring that we protect our revenues and preserve our core capabilities.
Only 19% of the company's workforce is in Israel.
The Israeli company, which has created a wallet app for digital, localized currencies, has been an active player in blockchain technology since 2014.
The pharmaceutical company will close down most of its production operations in Israel, sources inform "Globes."
Through Ackman-Ziff, Rosario will offer financing services to Israeli real estate companies investing in the US.
Peterburg was chairman of the board of directors which approved Teva's $40 billion acquisition of Actavis.
The company is preparing for an IPO next year, after recently raising money at a $160 million company value.
Mayor Nissim Malka: The layoffs are liable to make people leave the town.
IVC-Research says that the large amounts raised by the companies makes them ripe for a public offering.
Delivery of the drones will be over 18 months.
The money raised will be used mostly for investments in startups in Israel and Japan.
Israeli banks are already strictly regulated no dramatic changes are expected.
The Israel Securities Authority chairman says he is considering banning the companies until a regulatory framework is approved for cryptocurrencies.
Peer-to-peer lending platform companies repeated their complaints to the Knesset Reform Committee about the banks impeding their operations.
Besides leading the investment by Carr Properties Corporation's own shareholders, Alony Hetz is in talks with Clal Insurance on an investment of $300 million.
The buyers include Clal Insurance, the advanced training fund of the Teachers Union, and IDE president and CEO Avshalom Felber.
The company sold off its gaming activity in October.
The Tel Aviv company has developed GPS technology providing high-accuracy solutions for autonomous and connected vehicle applications.
"Globes" has learned about Teva's streamlining plan, which includes 250 layoffs in the Migada Kiryat Shmona plant, which will be closed.
The company awaits a response from the FDA to an application to approve its product for use in treating obsessive compulsive disorder.
The medical startup is seeking to raise money from Phoenix and IBI at NIS 15 a share.
As Teva workers await the axe, one tells "Globes" that he fears he will be shortchanged while outgoing CSO Michael Hayden gets $2.5 million by the end of 2018.
The company developed an energy-saving system for heating and cooling crop roots.
The planned cuts would save Teva $1.5-2 billion within two years, reports "Bloomberg."
Cell Design Labs was sponsored by Arie Belldegrun, founder of Kite Pharma, which Gilead acquired for $12 billion.
The company expects to reignite growth, with Ethernet switches leading the way.