MARKET

The failure of the auction of its shares in Bezeq parent company B Communications has left Internet Gold unable to meet payments on its bonds.

The More Investment House invested in the round, which may be enlarged.

The Israeli currency continues to weaken as lower than forecast inflation jeopardizes future rate hikes.

Short exposure of cancerous cells to the Israeli company's NT219 drug is sufficient to trigger irreversible shutdown of cancer pathways.

Arison expected a deal for NIS 250-300 million, but got only NIS 160 million for Israel's largest salt producer.

The company develops scales, advanced weighing systems, and a barcode scanner.

Internet Gold announced that no bids had been submitted in the auction for the acquisition of B Communications and that the company would probably seek a debt arrangement.

Annual inflation of only 0.8% threatens the Bank of Israel's plan for a rate hike in the third quarter of 2019.

US private equity fund Francisco Partners bought the Petah Tikva-based logistical management systems company for $438 million in 2015.

The main bidders are the Rami Levy and Zol Ve Begadol supermarket chains.

The company has developed a magnetic helmet for treatment of neurological diseases.

Economists predict that the December Consumer Price Index fell 0.2% following a fall in the price of fuel.

In order to avoid a debt settlement, Internet Gold has to sell its shares in B Communications at more than NIS 31 a share, while the current market price is NIS 18.80,

This amount was nearly double the $7.7 billion in exits in 2017, not including Mobileye, although the number of deals fell from 133 to 103.

The company is offering to buy its partners' direct and indirect holdings for NIS 278 million.

A change in the formula for calculating compensation will lower insurance premiums and benefit the insurance companies.

Guy Fund generated a -24% return in the past two months.

Negotiations between management and the workers have reached a deadlock.

Tel Aviv-based ForceNock's technology will be integrated into Check Point's Infinity total protection architecture.

The telecoms company used to offer a notably high dividend yield, but substantial write-downs will prevent that in 2019, and maybe in 2020 too.

Amdocs Israel headquarters will have four office buildings surrounded by green areas.

Sources close to IAI told "Globes" that the price settled with Rafael for the acquisition was unrealistically high, and that IAI is unwilling to match it.

Prico: In the long term the shekel should strengthen against the dollar but in the short term it might have realized its potential at its current level.

Israel Aerospace Industries is demanding that Israeli UAV company Aeronautics should be sold in an auction process.

Frenkel is set to make a 100% return on his investment within a few months.

Thoma Bravo is paying a 29.5% premium on the market price for cybersecurity company Imperva's shares.

Bezeq says that the Ministry of Communications' demand for universal fiber optic deployment is not practical.

Unitronics has signed agreements totaling NIS 190 million for setting up automated parking lots and warehouses in the past six months.

The agreement includes a NIS 450 pay rise for clerical staff and NIS 600 for managers.

The smart payments solutions company saw a 45% growth in deal turnover and record revenue last year.

Illinois Attorney General Lisa Madigan says the Israeli pharmaceutical giant has agreed compensation for allegedly inflating wholesale prescription drug prices.