Almost 30 Israeli Firms Expected to Issue on AIM in London in 2007

Almost 30 Israeli companies are in various stages of the process to issue on the AIM market in London in 2007, at a total value of many billions of dollars, according to reports of British sources to TheMarker.

The sources claim that the Israeli companies interested in the AIM in London are expected to join the 200 Israeli companies already traded there.

The sums raised in 2007 are also expected to exceed those raised in 2006.

Among those companies mentioned for an offering this year are: Golden Lines, Elron Investments, Delek International, Delek Real Estate, BioGuard, IDC, IXI Mobile, JEC, Formula, Sky Vision, Strauss, and the Eastern European real estate arm of Africa Israel.

Officials from the AIM have visited Israel frequently - a sign of the potential for cooperation between Israeli firms and the London market, according to the sources.

The AIM has positioned itself as an international market with relatively mild regulation, and which attracts companies from all over the world - as opposed to the Nasdaq.