Why the Frutarom Deal Is Good, Bad and Ugly All at Once

Israel can take pride in building a $7 billion company, but we should be ruing the fact that Israel can’t keep its best businesses at home

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It’s an 85-year-old company with more than 5,000 employees that is in the decidedly low-tech business of making flavors and fragrances for food. But the sale of Frutarom to the U.S. company International...