Israel Corporation

Murchinson Issues Letter to Fellow Shareholders Regarding the Urgent Need for Boardroom Change at Nano Dimension

Retrieved on: 
Thursday, February 2, 2023
Banking, Professional Services, Finance, MRVC, Israel Corporation, Gornitzky & Co., First International Bank, Stern, DSP Group, Stock dilution, Intermolecular force, Tidewater, Cronyism, NYSE, Acquisition, Immersion Corporation, File, Behavior, Culture, Letter, Fear, Agmon, Rosenzweig, MRV Communications, Immersion, IMI, TASE, Lodging, TDW, Financial adviser, Management, Renewable energy, Security (finance), Holding company, Stratasys

With this context in mind, the urgent need for change at Nano Dimension is as much about future risks as past underperformance.

Key Points: 
  • With this context in mind, the urgent need for change at Nano Dimension is as much about future risks as past underperformance.
  • In light of investor unrest, we also fear Mr. Stern may try to dilute shareholders in order to place shares in friendly hands.
  • In our view, it is time to add truly independent directors who are committed to maximizing value for all shareholders.
  • We are prepared to invest whatever resources and time it will take to catalyze boardroom change for the benefit of all Nano Dimension’s shareholders and stakeholders.

Israel Corp. Reports Results for Third Quarter of 2022

Retrieved on: 
Thursday, November 24, 2022
Investment, Sale, ICL Group Ltd., ORL, Tel Aviv Stock Exchange, NYSE, BAZAN Group, OB, Corporation, TASE, IC, ICL, Risk management, Israel Corporation

In November 2019, IC announced its updated strategy, IC plans to expand its portfolio through new investments.

Key Points: 
  • In November 2019, IC announced its updated strategy, IC plans to expand its portfolio through new investments.
  • IC current core holdings include c.44% stake in ICL Group (NYSE:ICL, TASE:ICL), c.18% stake in AKVA Group (OB:AKVA) and a c.7% stake in the Bazan Group (TASE:ORL).
  • IC is publicly traded on the Tel Aviv Stock Exchange under the ticker ILCO and is included in the TA-35 Index.
  • [4]Considering the $78m distribution of the dividend on October 19, 2022, the proforma net debt is $312 million

ISF Raises $312 Million for a 3rd Secondary Fund Focusing on the Israeli High-Tech Market

Retrieved on: 
Monday, June 13, 2022
Financial management, CFO, Initial public offering, ISF, Policy, Evergreen, WSC, Investment, Glass, Samsung, Growth, SolarEdge, Tel Aviv University, Technology, TEL, Bank Hapoalim, Migdal (company), Israel Corporation, Fund, General partnership, Financial services, Security (finance), Bank, Vertex, Mervin F. Verbit

The Fund is backed by major institutional investors from Israel, Europe, and the U.S.

Key Points: 
  • The Fund is backed by major institutional investors from Israel, Europe, and the U.S.
    TEL AVIV, Israel, June 13, 2022 /PRNewswire/ -- ISF (Israel Secondary Fund) announced today that it has raised its 3rd fund totaling 312 million dollars.
  • In 2017, ISF raised its 2nd fund of 100 million dollars and currently manages over half a billion dollars focused on secondary transactions in the Israeli technology market.
  • ISF (Israel Secondary fund) is a leading technology-focused secondary fund headed by Dror Glass, Nir Linchevski, and Eva Hubsman.
  • Nir Linchevski, a Managing Partner at ISF, adds: "ISF has played a crucial role in Israel's secondary market evolution.

ISF Raises $312 Million for a 3rd Secondary Fund Focusing on the Israeli High-Tech Market

Retrieved on: 
Monday, June 13, 2022
Financial management, CFO, Initial public offering, ISF, Policy, Evergreen, WSC, Investment, Glass, Samsung, Growth, SolarEdge, Tel Aviv University, Technology, TEL, Bank Hapoalim, Migdal (company), Israel Corporation, Fund, General partnership, Financial services, Security (finance), Bank, Vertex, Mervin F. Verbit

The Fund is backed by major institutional investors from Israel, Europe, and the U.S.

Key Points: 
  • The Fund is backed by major institutional investors from Israel, Europe, and the U.S.
    TEL AVIV, Israel, June 13, 2022 /PRNewswire/ -- ISF (Israel Secondary Fund) announced today that it has raised its 3rd fund totaling 312 million dollars.
  • In 2017, ISF raised its 2nd fund of 100 million dollars and currently manages over half a billion dollars focused on secondary transactions in the Israeli technology market.
  • ISF (Israel Secondary fund) is a leading technology-focused secondary fund headed by Dror Glass, Nir Linchevski, and Eva Hubsman.
  • Nir Linchevski, a Managing Partner at ISF, adds: "ISF has played a crucial role in Israel's secondary market evolution.

Israel Corp. Reports Results for Second Quarter of 2020

Retrieved on: 
Monday, August 10, 2020
Stock exchanges, Companies, Tel Aviv Stock Exchange, Tase, Israel Corporation, BAZAN Group, Middle East

Israel Corporation Ltd. (TASE: ILCO) ("IC") is a reputable public investment company, which owns and invests in high quality companies with established managements and go-to markets.

Key Points: 
  • Israel Corporation Ltd. (TASE: ILCO) ("IC") is a reputable public investment company, which owns and invests in high quality companies with established managements and go-to markets.
  • IC plans to focus mainly in the food (inc. tech), agriculture (inc. tech), healthcare and industry 4.0 sectors.
  • IC current core holdings include c.46% stake in ICL Group (NYSE: ICL) (TASE: ICL) and a c.33% stake in the Bazan Group (TASE: ORL).
  • For further information on IC, see IC's publicly available filings, which can be found on the Tel Aviv Stock Exchange website at http://maya.tase.co.il .

ZIM Announces Financial Results for the Year 2018

Retrieved on: 
Thursday, March 21, 2019
Economy of Israel, Zim Integrated Shipping Services, Zim, Tel Aviv, Companies, Israel, Israel Corporation

HAIFA, Israel, March 21, 2019 /PRNewswire/ --ZIM Integrated Shipping Services Ltd. (IL0065100443)(IL0065100856) (the "Company") hereby notifies, in accordance with the provisions of Section 4.03 of an Indenture entered into between ZIM Integrated Shipping Services Ltd. (the "Company") and Hermetic Trust (1975) Ltd. on July 16, 2014 (the "Indenture"), as follows:

Key Points: 
  • HAIFA, Israel, March 21, 2019 /PRNewswire/ --ZIM Integrated Shipping Services Ltd. (IL0065100443)(IL0065100856) (the "Company") hereby notifies, in accordance with the provisions of Section 4.03 of an Indenture entered into between ZIM Integrated Shipping Services Ltd. (the "Company") and Hermetic Trust (1975) Ltd. on July 16, 2014 (the "Indenture"), as follows:
    1.
  • The Company's audited consolidated financial statements for the period ended on December 31, 2018, the operating and financial review for such quarterly financial statements and a report on certain financial data as of December 31, 2018 (collectively, the "2018 Annual Reports") are available on the Company's website ( https://www.zim.com/about-zim/reports ) and (since the Tel-Aviv Stock Exchange is closed for business on March 21, 2019) commencing on Sunday March 24, 2019 also on the official website of the Tel Aviv Stock Exchange ( http://maya.tase.co.il ).
  • The Company will host on March 28, 2019 at 3:00 p.m. Israel time (2:00 p.m. CET), a conference call for the holders of its Series 1A, 2A, 1B and 2B Notes to discuss the 2018 Annual Reports.
  • In order to participate, please use the following numbers (at least ten minutes before the scheduled start time):

ICL Announces That Johanan Locker Will Conclude his Tenure as Chairman

Retrieved on: 
Wednesday, March 13, 2019
Tel Aviv Stock Exchange, Israel Corporation, Johanan bar Nappaha, Tase, Yohanan, Johanan, Companies, Stock exchanges, Units of time, Israel Chemicals

TEL AVIV, Israel, March 13, 2019 /PRNewswire/ --ICL(NYSE: ICL)(TASE: ICL), a leading global specialty minerals and specialty chemicals company, today announced that Mr. Johanan Locker will conclude his successful tenure as ICL's Executive Chairman as he accepted a nomination as Chairman of ORL.

Key Points: 
  • TEL AVIV, Israel, March 13, 2019 /PRNewswire/ --ICL(NYSE: ICL)(TASE: ICL), a leading global specialty minerals and specialty chemicals company, today announced that Mr. Johanan Locker will conclude his successful tenure as ICL's Executive Chairman as he accepted a nomination as Chairman of ORL.
  • As the tenure of the current Chairman of ORL comes to an end, Johanan Locker accepted the offer to assume this position.
  • In addition, Johanan Locker was appointed as a member of Israel Corporation's board of directors and is also expected to be appointed as a member of Zim's board of directors.
  • During his tenure, Mr. Locker, together with ICL's board and management team, has led the alignment of ICL's strategy to future challenges.