Business in Brief: Zap Plans to Go Public at Valuation That Could Reach $193m

FIMI selling Ham-Let; Housing & Construction executive under house arrest; stocks little changed as energy stocks fall

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Apax Partners hopes to float between 20% and 30% of Zap, which owns Israel’s top price-comparison platform, at a valuation as high as 700 million shekels ($192.8 million), according to a draft prospectus...