Articles by January, 2020

"US Comtech acquires Gilat Satellites for $ 577 million: The deal will be made in cash and shares, with the share price at $ 10.25 - the price at which the stock closed yesterday's trading at $ 10.11. The consideration - 70% cash and the remainder of Comtech. The main beneficiaries of the deal are the Ishi Davidi Phimi Fund, which holds 34.1% of the company's shares and will receive $ 181 million for them. Mivtach Shamir is the second largest shareholder in Gilat, with a 9.7% stake in the company's shares - you will receive $ 52 million for the shares. Gilat shareholders, including the...

The aerospace industry's management continues to prepare for the issue, despite demands from the workers' committee that is delaying it. The management, headed by CEO Nimrod Shaffer, presented to the company's board of directors a long-term equity compensation plan for the aerospace industry, which will be implemented when the issuance of 25% of the company's shares is implemented. The remuneration program includes distributing shares to RSUs (shortening Restricted Share Units) that will mature over several years. The plan is in the approval stages of the Government Companies Authority and...

ALTIS, HOT's parent company, confirmed to the stock exchange this morning that HOT had made an offer to acquire the full shareholding of Partner. Eltis, of Patrick Darhi, approved but did not specify the content of the proposal. HOT submitted an offer to acquire 100% of Partner for more than NIS 3 billion. If the proposal is approved, the first merger in the cellular industry is expected to take place, after long months of talks where HOT, controlled by Darhi, wants to merge with one of the companies, Cellcom or Partner. Partner also announced that it had received a purchase offer from...

Yotpo has announced its acquisition of SMSBump, the most complete SMS marketing solution designed for eCommerce brands, it was announced by Omri Cohen, COO & Cofounder, Yotpo. With this acquisition, Yotpo is the only eCommerce marketing platform to provide integrated solutions for reviews, visual UGC, loyalty, referrals, and SMS in one place, giving brands the unique ability to engage customers with smarter, cohesive, and higher-converting experiences across channels. The single-platform approach meets brands' growing desire to manage their direct-to-consumer (D2C) marketing activities...

The Federation of Consumer Authority examined the characterization of Israeli consumer behavior in 2019, and the results are fascinating. Only 43% of respondents believe that the conduct of businesses in Israel is fair, while 51% say it is unfair. It should be noted that the perception of fairness of Israeli businesses increases with the income level of the subjects. Another significant figure that emerges from the survey is that 80% of the Israeli public will stop buying from a business that infringes on its workers' rights, and a similar figure has suggested that it would be better to buy...