Daily Roundup / Israeli tycoon to add to Manhattan skyline
Americans go easy on tech company Mellanox, Petrol explorer Adira’s investment well runs dry, Israel’s central bank expected to leave its interest rate alone, Israel Chemical execs turn big profits on company options and Isramco plans to start drilling in November.
Tshuva to build in Manhattan again:Despite suffering heavy losses on certain U.S. property projects, Israeli tycoon Yitzhak Tshuva has not soured on the States. His privately held company Elad Group has partnered with U.S.-based Silverstein Properties in buying a plot of land in Manhattan from the Carlyle Group for $170 million. The companies plan to invest about $650 million in building a...
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