Source: CNBC Beverage and snack giant PepsiCo announced plans Monday to acquire at-home carbonated drink maker SodaStream for $3.2 billion. Purchase, New York-based PepsiCo agreed to pay $144 per share in cash for SodaStream’s outstanding stock, a 32 percent premium to its 30-day volume weighted average price. The deal gives PepsiCo a new line through which it can reach […]
Source: Bloomberg Corporate bond sales through the Tel Aviv Stock Exchange, the largest exchange for electronic trading of private bonds after Shanghai, picked up sharply in the first half of this year. Ten new companies raised money through Israeli bond sales between January and June, for a total of 6.5 billion shekels ($1.8 billion), more […]
Source: Reuters The newly privatised Tel Aviv Stock Exchange (TASE) has won approval from Israel’s securities regulator for a deal to sell nearly 20 percent of the exchange to investment fund Manikay Partners and another 19 percent to four other foreign investors. The sale, announced in April, puts a value of 551 million shekels ($151 […]
Source: Times of Israel The Israel Innovation Authority, the Ministry of Economy and Industry, and the National Cyber Directorate have announced a new NIS 90 million ($24 million), three-year program to boost Israel’s cyber industry. The funds will be earmarked to support long-term “groundbreaking” new technologies that have “significant potential to influence the global market” […]
Source: Guardian The Israeli city has the highest number of startups per capita in the world. What can it teach other cities about how to build a healthy business ecosystem? With 170 miles of Mediterranean coastline and an estimated 300 days of sunshine a year, Israel’s tourism industry is booming, with record numbers visiting in 2017. But […]
Source: Bloomberg Earlier this month, S&P Global Ratings upgraded Israel’s credit rating for the first time in seven years, to AA-. It was the best report card Israel’s economy has ever had from a rating agency, and a moment to savor. And yet what’s more positive is that Israel is aiming higher. The report cited Israel’s “exceptionally […]
Source: Nocamels TytoCare, the telehealth firm with tech that enables medical examinations and services at home, announced Thursday that Health Canada, the department of Canada’s government responsible for national public health, has approved the Israeli company’s end-to-end solution. The solution is now available for use by Canadian professionals and consumers, the company said in […]
The Israel HLS & Cyber 2018 conference and exhibition showcases Israel’s unique, world leading technologies in homeland and cyber security. It will be held in Tel Aviv from the 12th – 15th of November.
Cosmoprof Asia brings together professionals from all parts of the cosmetics industry for a four day event exploring the latest in cosmetics. It will be held in Hong Kong from the 13th to the 16th of November 2018.
One the largest high-tech conferences in the calendar, with participating global corporates, investors and up-and-coming Israeli startups going each year, is coming up. In 2018, the Foreign Trade Administration will be hosting a pavilion with a series of briefings on Israel’s tech ecosystem and innovation. This pavilion will be on the 5th-6th September. Visit the event […]
