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FIMI completes takeover of E&M Computing

FIMI completes takeover of E&M Computing
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Shraga Shahak , Reuben Schrift , Yair Lapid Yesh , Ofer Shelah , Jacob Walter , Yigal Shefer , Gillon Beck , Sarah Shahak , Yoav Weinberg , Ishay Davidi , Software Technologies , Em Emet Computing Ltd , Yair Lapid , Yesh Atid , One Software Technologies , யேர் மடி ஆம் , ஓபெர் ஷெலா , ஜாகோப் வால்டர் , கில்லன் பெக் , மென்பொருள் தொழில்நுட்பங்கள் , எம் எமேத் கணினி லிமிடெட் , யேர் மடி , ஆம் ஆடித் , ஒன்று மென்பொருள் தொழில்நுட்பங்கள் ,

FIMI buys controlling stake in Emet Computing

FIMI buys controlling stake in Emet Computing
The Israeli private equity firm is paying NIS 450 million for a 62.5% stake in the IT company.
Israeli private equity firm FIMI Opportunity Funds is acquiring a 62.5% stake in E&M (Emet) Computing Ltd. (TASE:EMCO) for NIS 450 million at a company valuation of NIS 720 million. The deal will be completed if certain contingency conditions are fulfilled within 90 days.
FIMI, founded by CEO Ishay Davidi, is paying NIS 16.25 per share, a 9.7% discount on yesterday s closing price. E&M s share rose 4.4% in 2020 and is up 31.4% since the start of 2021. Following the announcement, the share price has risen an additional 30% in trading today. ....

Shraga Shahak , Reuben Schrift , Jacob Walter , Yigal Shefer , Gillon Beck , Sarah Shahak , Yoav Weinberg , Ishay Davidi , Em Emet Computing Ltd , ஜாகோப் வால்டர் , கில்லன் பெக் , எம் எமேத் கணினி லிமிடெட் ,