Category: NIS
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Rafael to pay state NIS 444m dividend
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The minister in charge of the authority of government companies, David Amallim, agreed to pay by the defense company. The minister in charge of the authority of government companies, David Amsleem, agreed to distribute the profits of the arrows besieged by the Defense Defense Company Rafael, the Defense Defense today.…
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Bank Hapoalim raising NIS 3b
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After a few days of reporting a standard annual profit, the Hapoalim bank is amazing while iron is hot and raised more than 3 billion New via two different debts: Coco (Coco Convertible) that reaches 25 years, and a 12 -month commercial paper. Yesterday evening, Hapoalim completed the institutional stage…
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Court orders seizure of Nochi Dankner assets worth NIS 50m
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On Thursday, the Tel Aviv Court removed the orders of the gag her decision to seize the assets of Nuchi Dunner, former contributor to IDB, and his former partner Itai Strum, at 50 million New. Judge Sigal Yakobi’s decision follows the cancellation earlier last week for a settlement in the…
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Reduction in cash holdings after NIS 200 bill abolishment talk
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Since September 2024, there has been a significant decrease in the number of NIS 200 bills that the public has been set up for the number of NIS 100 bills, according to the banks of the Bank of Israel. In September, “Globes” revealed an initiative by a group of economists…
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Retail chain KSP to sell 25% stake at NIS 2.3b valuation
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Altshuler Shaham Investment House leads a group of institutional investors, which will get a 20 % -25 % stake in the KSP computer and retail chain. The share will be obtained in the company’s evaluation of 2.3 billion NIS. The negotiations related to the deal were believed to be in…
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Florentin apartment fetches NIS 11.5m
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Tel Aviv apartment was sold on 44 Salam Street on the southern border in the Florentin neighborhood with Jaffa on paper “for 11.5 million New. A apartment was built on the fifteenth floor square of five rooms and five rooms with two balconies 26 square meters in a frankly project…
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Florentin apartment fetches NIS 11.5m
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Tel Aviv apartment was sold on 44 Salam Street on the southern border in the Florentin neighborhood with Jaffa on paper “for 11.5 million New. A apartment was built on the fifteenth floor square of five rooms and five rooms with two balconies 26 square meters in a frankly project…
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Credit card co ICC-CAL seeks NIS 4b valuation
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Investment bank JP Morgan was previously appointed Israeli Discount Bank (level: I shut up) and First International Bank of Israel (level:FTIN1; FTIN5) to promote the sale of Israeli Credit Cards (ICC) – CAL. A bidding war for control of the rival credit card company (TASE: ISCD), which Delek Group (TASE:…
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Little-known hedge fund makes NIS 700m gain on TASE shares
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Buying stocks on the Tel Aviv Stock Exchange (TASE: TASE) has proven to be a very successful investment in the past few years, much more so than on its major indices, or on any other exchange. The stock price of the Tel Aviv Stock Exchange, which is among the stocks…
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Tel Aviv penthouse sold for NIS 20m
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A penthouse apartment under construction as part of a historic building at Kaplan Street 6 in Tel Aviv has been sold for NIS 20 million in bare shell form. The 200 square meter apartment on the eighth floor in Beit Hazofer will have a 49 square meter balcony overlooking Itamar…
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Allied Group to pay Amir Shaltiel NIS 200m for Metropolis stake
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Metropolis implements urban renewal projects in central Israel. The value of the deal is estimated at 800 million shekels. The boom in residential construction in Israel, and in urban renewal in particular, has led to an interesting departure. Amir Shaltil, founder and chairman of Eldar Group, which works in the…
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Pomvom secures NIS 19.7m in private placement
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Pomvom (TSE: PMVM) is moving towards realizing its vision of becoming the leading technology player in the digital experiential documentation market at theme parks by completing a private placement, raising NIS 19.7 million (about $5.3 million) through an allocation to institutional investors . The offering was led by Mor Investment…
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Timora buys Kiryat Ata mall and offices for NIS 134m
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Income-generating real estate fund Temora acquired a shopping center and office complex in Kiryat Ata city center near City Hall for NIS 134 million. The building is being sold by the Kfir Group, owned by Avi Ohayon. The complex was originally built by Azrieli Group (TASE: AZRG). The building’s main…
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Cannabis co InterCure raising NIS 66m for Nir Oz facility
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Medical cannabis company InterCure (TASE: INCR, Nasdaq: INCR), headed by Ehud Barak (Chairman of the Board of Directors) and Alexander Rabinovich (CEO), announced that it has raised NIS 66 million, with an option to increase the amount to NIS 107 million. Rehabilitation of its facility in Kibbutz Nir Oz in…
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Ashot Ashkelon wins NIS 146m Defense Ministry order
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Ashot Ashkelon Industries Limited (level:Let’s say), controlled by FIMI Opportunity Funds, received an order worth NIS 146 million from the Israeli Ministry of Defense Procurement Department for the manufacture and supply of 1,200 hp transmissions. At the end of the third quarter of 2024, the value of Ashot Ashkelon’s backlog…
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Bezeq chairman: Over NIS 2b infrastructure investment during war
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Speaking to Globes news editor Bar Lavi, Bezeq Chairman Tomer Ravid spoke at the Globes Israel Business Conference about the company’s investments in infrastructure since the beginning of the war, competition in the telecommunications market, and Israel’s position as a geographical bridge between… East and West. . Lavie said that…
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2025 budget bill gives Ben-Gvir extra NIS 2b
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The state budget for 2025 was presented to the Knesset today, ahead of its first reading next week. It contains fundamental changes from the original budget proposal approved by the government a month ago. One of the most notable changes occurred in the budget of the Ministry of National Security…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…