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Discount Investment in talks to sell Elron to foreign VC fund

Elron, which invests in early stage Israeli medical devices, cybersecurity and software companies, has a company valuation of $90 million.

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Wed: TASE opens May lower

ICL and Elbit led the TASE down today as Ormat bucked the market.

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Telecommunications Network Operators: Global 3Q23 Market Review - Telco Topline Stages Recovery But Capex Slips Further; Margins Surge Amid Opex Cuts

Telecommunications Network Operators: Global 3Q23 Market Review - Telco Topline Stages Recovery But Capex Slips Further; Margins Surge Amid Opex Cuts
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Fortissimo signs agreement to buy Cellcom

The Israeli private equity firm will pay NIS 925 million for a controlling 35.7% stake in the telecom company.

Tzahi nahmiasNataly mishkan zakaiMichael salkindShlomi yosefYuval cohenDiscount investment corpCellcom israel ltdIsrael electric authorityIsrael competition authorityMinistry of communicationsDiscount investment corporation ltdMega or holdingsDiscount investment corporationCellcom israelFortissimo capitalInvestment corporation

Fortissimo outbids Aaron Frenkel for control of Cellcom

Fortissimo has signed an MOU with Discount Investment to buy its 35.6% stake in telco Cellcom at a company valuation of NIS 2.6 billion.

Eduardo elsztainMichael salkindTzahi nahmiasNataly mishan zakaiAaron frenkelYuval cohenDiscount investment corpMega or holdingsCellcom israelDiscount investmentFortissimo capitalElron ventures