Mergers acquisitions

Mergers acquisitions

  
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1

Hezi Bezalel buys Xfone 018

Mergers acquisitions
  Talks are underway for Xfone to become the first MVNO in Israel.
  Yossi Nissan 04/03/2010
 Businessman Hezi Bezalel has bought Xfone 018 Communications Ltd. for $6.5 million. Bezalel recently bid for Motorola unit Mirs, and said at the time that he would consider other investments in the ...
2

Israel Chemicals M&A candidate - report

Mergers acquisitions
  With fertilizer demand and prices recovering, the industry can see strong consolidation activity.
  Globes' correspondent 04/03/2010
 With fertilizer demand and prices recovering, the industry can see strong merger and acquisition activity, according to an article in the Financial Times. One company mentioned as a possible player in...
3

AesThera sale disappoints

Mergers acquisitions
  AesThera raised $20 million in venture and private capital funding.
  Gali Weinreb 02/03/2010
 Medical aesthetics devices company Solta Medical Inc. (Nasdaq: SLTM) has acquired AesThera Corporation for $5.25 million in cash and shares, plus possible milestone payments. Baseline milestone A ...
4

Clal Biotech buys Biomedical Investments

Mergers acquisitions
  Together with previous exits, privately held Biomedical has returned double investors' money.
  Gali Weinreb 01/03/2010
 Two significant Israelis life sciences holdings companies are becoming one. Clal Biotechnology Industries Ltd. (TASE: CBI ) today announced that it will acquire Biomedical Investments (1997) Ltd. for...
5

Ofer Nimrodi sells half of Ma'ariv

Mergers acquisitions
  Zaki Rakib bought the stake in the Hebrew daily based on a company valuation of $35 million.
  Adi Ben-Israel 01/03/2010
 Zaki Rakib has bought 50% of Ma'ariv Holdings Ltd. (TASE: MARV ), which owns Hebrew daily "Ma'ariv" from Israel Land Development Company (TASE: ILDC ), at a company value of $35 million, a 6% premium...
6

Taya doubles stake in UK co Avesco

Mergers acquisitions
  Avesco may be a takeover target by the Israeli media group.
  Tali Tsipori 28/02/2010
 Media group Taya Investment Co. Ltd. (TASE: TAYA ) has doubled its holding in Britain's Avesco Group plc (AIM: AVS ) over several days last week to 20.4%. In the wake of Taya's announcement of its In...
7

Troubled tomato co Miluz nears sale to fruit firm

Mergers acquisitions
  An acquisition is subject to approval by Antitrust Authority director general Ronit Kan.
  Shay Niv 24/02/2010
 Vita-Galilee Fruit Ltd. (Vita-Pri Galil) (TASE: VITA ) is in advanced negotiations to acquire Nahariya-based tomato cannery Miluz Ltd. Sources inform ''Globes'' that the negotiations are nearly An -...
8

ETview in reverse merger with First SBS

Mergers acquisitions
  ETView has developed a tracheoscope.
  Gali Weinreb 23/02/2010
 Tracheoscope developer ETView Ltd. has signed an agreement to make a reverse merger with stock market shell First SBS Holdings Ltd. (TASE: FRSB-L ). First SBS will allot 75.6% of its shares to ETView...
9

Meitav targets next fund acquisition

Mergers acquisitions
  The investment house has been growing by buying several provident funds.
  Roee Bergman 21/02/2010
 Meitav Investment House Ltd. may have found its next acquisition target. Sources inform ''Globes'' that Meitav, run by CEO Avner Stepak, has been in talks in recent weeks to buy the Lehava Advanced If...
10

Motorola asks Communications Minister to expedite Mirs sale

Mergers acquisitions
  Motorola is disappointed that a Mirs sale is not yet approved.
  Gad Perez 21/02/2010
 Motorola president and co-CEO Greg Brown has expressed amazement at the delay in the sale of Mirs Communications Ltd. to French businessman Patrick Drahi. Brown met Minister of Communications Moshe ...

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