Discount Investment in talks to sell Elron to foreign VC fund
Elron, which invests in early stage Israeli medical devices, cybersecurity and software companies, has a company valuation of $90 million.
Source: globes.co.il
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Top News In Cellcom Israel Today - Breaking & Trending Today
Wed: TASE opens May lower
ICL and Elbit led the TASE down today as Ormat bucked the market.
Source: globes.co.il
Fortissimo signs agreement to buy Cellcom
The Israeli private equity firm will pay NIS 925 million for a controlling 35.7% stake in the telecom company.
Source: globes.co.il
Fortissimo outbids Aaron Frenkel for control of Cellcom
Fortissimo has signed an MOU with Discount Investment to buy its 35.6% stake in telco Cellcom at a company valuation of NIS 2.6 billion.
Source: globes.co.il
Tue: Cellcom jumps as TASE gains
Cellcom rose strongly as Discount Investment is to sell its controlling stake but Bank Hapoalim fell on the day's biggest trading turnover.
Source: globes.co.il