Adani-Gadot group closes financing for Haifa Port acquisition
A consortium led by Mizrahi Tefahot Bank is extending a NIS 1.7 billion loan for two years.
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A consortium led by Mizrahi Tefahot Bank is extending a NIS 1.7 billion loan for two years.
Indian's Adani and Israel's Gadot need longer to complete negotiations for raising finance for the NIS 4.1 billion deal.
A presentation to investors in India outlines plans to take loans of NIS 3 billion and build hotels and stores on Haifa Port seafront.
StoreNext has cancelled plans for its TASE IPO in which it was aiming at a valuation of 10% more than NIS 180 million.
Underwriters strike it rich in TASE flotation boom Underwriters haven't been this busy in 20 years, but some fear the regulators' efforts to expose the public to technology stocks have gone too far. The general breakdown caused by the coronavirus pandemic has generated some surprising phenomena. One of them is the boom in IPOs in the US, and also in Tel Aviv, where, unless there are further surprises in store, it will break records for primary issues and new listings on the Tel Aviv Stock Exchange (TASE). The Israel Securities Authority recently estimated that if the current rate of offerings...