Category: TSG
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Defense IT co TSG raises NIS 62m in TASE IPO
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TSG Group, which makes advanced IT systems for the defense industry, raised NIS 62 million in an initial public offering on the Tel Aviv Stock Exchange (TASE) at a valuation of NIS 462 million, post-money. TSG is equally owned by Israel Aerospace Industries and Formula Systems (TASE: FORTY) and is…