Apax weighs giant IPO for Israeli food maker Tnuva
The U.K.-based private equity fund is eyeing a float that could value the company as high as NIS 8.5 billion.
Apax Partners is reportedly considering a mammoth initial public offering for Tnuva as Israel's biggest food maker ramps up profit. At least one of the company's Israeli minority shareholders, however, might try to scupper the plans.
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