Mergers & acquisitions
Pango in talks to buy Gett
Negotiations are taking place at a valuation of $150-160 million, nearly 80% below taxi hailing app Gett's valuation in its aborted IPO.
Verbit mulls merger with US co 3Play Media
The merger of the transcription companies would take place in collaboration with US investment bank Goldman Sachs and form a profitable company with $130 million annual recurring revenue.
Harel gives up on acquiring Isracard
In the face of the Competition Authority's opposition, the board of insurance group Harel has decided not to pursue the deal to buy the credit card company.