Alon rejects ex-CEO's offer to acquire its retail group; Wix narrows 4Q loss, sees profit in 2015l Stocks perform better after elections than before, study finds.
Canadian family is teaming up with fund manager to take stake in innovative companies.
Takeover, which would enable Bezeq to offer TV, phone and Internet services, must still be cleared by minority shareholders and government.
Partner Moti Ben-Moshe failed to put up money, leaving him with just a 15% stake.
The fundraising goes ahead anyhow amid Moti Ben-Moshe's dispute with partner Eduardo Elsztain over ownership rights.
Markstone withholds part of bond repayment, Radcom revenues rally, TASE follows Wall Street up.
Piper Jaffrey has been selected to manage the sale of the company.
The property tycoon is weighed down by heavy debt and may be forced to give up control of his real-estate empire.
Controlling interest in company would go to Fosun group at 3.7 billion-shekel market valuation.
Controlling shareholder remains at odds with partner Eduardo Elsztain over financing plan and other issues.