Category: 1.3B
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Treasury: Every 1,000 haredi soldiers saves NIS 1.3b annually
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During discussions of the Knesset Foreign Affairs and Defense Committee, the Finance Ministry presented its estimates of the increased defense costs in the wake of the war and the potential benefits of recruiting Haredi soldiers. Among other things, the Finance Ministry says that extending compulsory military service and reserve service…
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Permira buys control of BioCatch at $1.3b valuation
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British private equity firm Permira has acquired control of the digital fraud and financial crime protection company BioCatchThe Israeli company announced. Permira is buying a 57% stake from US venture capital firms Bain Capital Tech Opportunities and Maverick Ventures, in a secondary deal that values BioCatch at a total enterprise…