A case in the Tel Aviv District court to appoint a trustee for NSO unit Convexum reveals details about the struggle to sell the spyware company to a US fund.
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Apr. 1, 2021 5:15 PM
An unusual encounter took place last month at the High Court of Justice. On one side were three justices. On the other were individuals whose names remain under gag. On the agenda: access to classified archival documents in the possession of the Shin Bet, in an attempt to understand why the security service opposes their publication. The documents don’t touch on Israel’s nuclear program or the early־warning blunder in the Yom Kippur War – two issues to which the public is almost automatically denied access. They touch on the assassination of Dr. Rezso Kasztner (aka Rudolf Israel Kastner) in March 1957.
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Levy and Haim are gaining control of an airline hit hard by the restrictions on global travel due to the coronavirus epidemic. Nevertheless, the two see room for synergies between air travel and supermarkets once global aviation recovers.
The outlines of the synergy strategy were revealed Monday when Rami Levy’s eponymous, publicly traded supermarket company said it had been given an option to buy a 24% stake in Israir in the next 90 days for 39 million shekels in cash – the same valuation as Israir is being acquired now – as well as an option to establish a loyalty program with Israir similar to rival El Al’s Fly Card.