Clal Insurance investing NIS 330m in Africa Urban Renewal
Clal Insurance is buying 20% of the Africa Israel Residences urban renewal subsidiary, and also investing investing in a joint venture with the parent company.
Source: globes.co.il
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Top News In Lapidoth Capital Today - Breaking & Trending Today
Real estate companies: Falling sales, rising prices
"Globes" examines the financials of six leading residential real estate developers to assess the state of the market.
Source: globes.co.il
How Jacob Luxenburg achieved over 1.000% return
While investors took haircuts, Jacob "Luxy" Luxenburg gained big time from investment company debt arrangements.
Source: globes.co.il
Partner: Buyers face challenge, Hutchison can finally collect debt
In bidding for Partner Communications, Avi Gabbay and Shlomo Rodav are hoping to succeed where Ilan Ben Dov and Haim Saban failed.
Source: globes.co.il
Construction co Danya Cebus completes TASE IPO
Construction co Danya Cebus completes TASE IPO The offering was at a post-money valuation of NIS 1.8 billion. Construction company Danya Cebus has successfully completed an IPO on the Tel Aviv Stock Exchange (TASE). Demand for the offering was NIS 360.4 million, exactly the amount that the company sought to raise. Danya Cebus shares will start to be traded on the TASE this week. The IPO took place at a price of NIS 58 per share, giving the company a pre-money valuation of NIS 1.65 billion and a post-money valuation of NIS 1.8 billion. The offering consisted of NIS 146.3 million raised by the ...
Source: globes.co.il