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Chaim Katzman meets pressure with rights issue, asset sale

Katzman's holding company Norstar has announced a NIS 65.7 million rights issue, while G City has sold a commercial center in Poland.

Kujawsko pomorskieNepi rockastleBarak rosenChaim katzmanAsaf tuchmairGazit globeCanada israel

Market pressures Katzman s G City to sell assets

Rising bond yields indicate a lack of faith in the book values of the assets of Chaim Katzman's real estate company.

Noord hollandNadav berkovichBarak rosenChaim katzmanAsaf tuchmairGazit globeEastern europeIsrael canada

Tnuport owners make counter bid for Norstar

The offer by Kidan Dahari and Yaron Adiv is higher than the one by Israel Canada, and could lead to a battle that will raise Norstar's price.

Barak rosenChaim katzmanAsaf tuchmairYaron adivKidan dahariGazit globeIsrael canadaGazit globes

Israel Canada launches takeover bid for Norstar

The share price of Norstar, which controls real estate company Gazit Globe, has shot up 14% in the wake of the bid.

Tel avivBarak rosenChaim katzmanAsaf tuchmairTel aviv stock exchangeGazit globeIsrael canada

Israel Canada: Norstar board protecting Katzman

Israel Canada claims that Norstar's directors breached their fiduciary duty in deciding on a dividend in kind of Gazit Globe shares.

Barak rosenChaim katzmanAsaf tuchmairIsrael canadaGazit globe

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