IDB has been looking to sell off holdings to raise funds and meet its heavy debt commitments. Mashav includes Nesher Israel Cement Enterprises and half of Taavura Holdings, both of which the Livnats have large holdings in.
0 comments
Together they built Check Point, separately they've gone even further
Based on financial figures revealed in The Wall Street Journal, it seems the company is well suited to making a public offering. Its revenues in the second quarter of 2011 amounted to about $50 million.
0 comments
IDB reaches deal to sell Mashav to Livnats
New project to integrate Haredim in higher education
Council for Higher Education to invest NIS 180 million over next five years to establish appropriate frameworks for ultra-Orthodox, which will focus on specific professions.
0 comments
The TASE was closed for two days, but did anyone notice?
Turnover for the first three days of the week was extremely low and the ongoing Greek debt crisis was the main influence on local markets for the week.
0 comments
Where the shekel stops / Behind closed doors in the capital market
The latest wrinkle in the capital market is private loans - secret, illiquid loans that institutional investors are making directly to companies, and the worrying thing is that these are happening behind closed doors.
0 comments
No competition, so the customer can wait
Do government offices provide as fast, efficient and courteous a service as they could?
0 comments
Rivlin places new limits on lobbyists after exposé
Rivlin instructs Knesset employees to immediately forbid the entrance of all lobbyists to areas heavily used by MKs as well as from the many office areas.
0 comments
Israeli private equity deals up 18% in 2011
Nearly 70% of the deals were by foreign private equity companies while $898 million was invested in 15 deals in the fourth quarter alone.
0 comments
Gunman hijacks truck with 70 calves
Calves were being taken from a quarantine station near Eilat to a ranch in the Golan Heights, where they were to be fattened before slaughter.
0 comments
Where the shekel stops / Why isn't Ofer Eini being forced to walk the plank?
Steinitz at least tried to do something about fixing the broken firefighting system. It was the union leader who blocked reform in the name of the right to strike.
0 comments
German trade fair featuring Israeli fruit and veg for first time
The Logistica Trade Fair is the leading trade exhibition for the industry, with more than 2,400 companies representing the entire fruit and vegetable supply chain from the farmer to the exporter.
0 commentsReal Estate
Sand castles in the air
Owners in the Carmel Beach Resort sued when the hotels, shops and marina they say the company promised them never materialized - and lost in court.
0 commentsHunting for homes, and realistic statistics
Real estate prices may be dropping, but not as much as the government says, partly because a move toward cheaper transactions is skewing the numbers the public sees.
0 commentsThe ball is in the consumer's court
Legal precedents are changing the rules in the real estate market, often in favor of homeowners and buyers.
0 comments
Israel 2021
New housing for Arab villages stonewalled
Residents are forced to build illegally while the authorities demand an upgraded sewerage system that the Galilee communities cannot afford.
0 commentsTaking stock / Retirement savings: The next frontier of the protest movement
It's becoming clear who the market serves. Guess what, it isn't you.
0 commentsThe shekel drops / The last supper
As 2011 ends, we must admit that true change has not come; the winners so far are the rich and it looks like they will continue partying.
0 comments
