Zim Integrated Shipping Services, worth an estimated $1 billion is trying to float the company on Hong Kong Stock Exchange; company tried unsuccessfully three years ago.
Nanikashvili and I get bad press, he says: But look at the facts .
IT firm to be delisted from Nasdaq following deal.
The deal prices Netafim, a pioneer in drip irrigation technology systems, at $850 million, not including the company's debt; including the debt, the deal prices Netafim at about a billion dollars.
Missive meant to clear air after rumors of debt trouble with Hapoalim.
Company, controlled by Zadik Bino, cited higher financing costs brought on by rising crude prices, inflation and interest rates, as well as a stronger shekel and tighter refining margins as other factors pushing net income lower.
The move would catapult Carasso Motors onto the Tel Aviv Stock Exchange’s TA-100 index and boost the firm’s equity to about NIS 800 million.
Richard Marin wants $1.25m; Africa says he owes them money.