Business in Brief

Prospects for Spacecom sale dim, Arava and Phoenix win auction for solar farm, Markstone reports negative return for 2013, Kadimastem in MS pact with Merck, Dip in Gaza fighting keeps TASE steady.

Prospects for Spacecom sale dim
The sale of Spacecom, the operator of the Amos satellites, to Spain’s Hispasat is looking increasingly unlikely after Israel’s Communications Ministry imposed tough regulatory requirements on the sale. The unspecified regulatory issue marks a second setback for Shaul Elovitch, whose Eurocom group has been in talks for six months to sell its 64.4% stake. The...