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NovoCure Photo: Nasdaq Novocure soars on lung cancer trial data

An independent data monitoring committee has reported encouraging data from the Phase III LUNAR trial.

Shekel-dollar ASAP Creative Leumi: NIS 3.30/$ is new normal

Bank Leumi head of market strategy Kobi Levi sees the shekel trading between NIS 3.25-3.35/$ throughout 2021, assuming the Bank of Israel continues its huge forex purchases.

Chen Amit  / Photo: PR Tipalti buys Approve.com in all-Israeli fintech merger

Financial terms were not disclosed. Approve provides cloud procurement solutions.

BlackRock in talks on Shikun & Binui investment

Talks involved a $500 million investment - $250 million in Shikun & Binui itself and $250 million in Shikun & Binui Energy, a source has told "Globes."

Gadi Eizenkot StorageDrop appoints Gadi Eizenkot as chairman

Former IDF Chief of Staff Gadi Eizenkot will serve as chairman of the Israeli energy storage company.

Vertical Field credit: Company website Israeli agritech co Vertical Field headed for Toronto listing

Vertical Field, controlled by Michael Mirilashvili, will be merged into an acquisition vehicle at a $100 million valuation.

Satcom Systems satellite dish  credit: Company presentation Satcom wins contract from West African country

The contract for the supply of advanced satellite systems is worth $700,000.

Autotalks Credit: PR Israeli co Autotalks nears $2b valuation SPAC merger

The connected vehicles technology company is in advanced talks to list on Nasdaq, sources in Israel's auto-tech market have told "Globes."

Ofra  Strauss  credit: Shai Yehezkel Top exec pay keeps rising in Covid year

The aggregate cost of the 100 highest paid executives at TASE companies rose 16% in 2020. Only two women make the list.

Flying Tiger Copenhagen Credit: Shany Moses Fox bringing Danish variety store Flying Tiger to Israel

Fox has signed an agreement with the Danish chain's owner Zebra for the exclusive franchise to operate the Flying Tiger stores and website in Israel.

Beit Hana'ara, Hod Hasharon credit: Tamar Matsafi Israel Canada to build 450 prestige homes in Hod Hasharon

Israel Canada won a tender for 33 dunams of the Beit Hana'ara site in the west of Hod Hasharon with a bid of NIS 511 million.

Uri Gruenbaum, Yair Seroussi and Gilad Gat / Photo: Alon Schnir Israeli fintech co TipRanks raises $77m

TipRanks provides a simplified stock research platform that makes alternative datasets accessible and visual for retail investors.

Yossi Carmil Cellebrite to list on Nasdaq at $2.4b valuation through SPAC

The Israeli company provides digital intelligence solutions to law enforcement agencies and governments.

Shekels  / Photo illustration: Shutterstock, Shutterstock.com Shekel gains against dollar for fifth straight session

Bank Hapoalim chief economist Victor Bahar: Opening the skies will reduce the pressure strengthening the shekel.

Mergers and acquisitions Photo: To Go Qualitest acquires Israeli co Comply for over NIS 50m

Comply will reinforce the US software testing and quality assurance company in the medical technology testing market.

Eugene Geht, Dima Kagan and Amit Israel Credit: Elad Gutman Cofense buys Israeli phishing protection co Cyberfish

The US phishing detection and response company will make Beersheva-based Cyberfish its Israel development center.

Bezeq Bezeq Int'l execs refusing to repay bonuses

The executives who were mistakenly paid bonuses due to an accounting error will fight the matter in the courts if necessary.

Formula CEO Guy Bernstein Formula Systems acquires Zap Group for NIS 240m

Zap Group is Israel's largest consumer website company, with more than 20 websites that have over 17 million monthly visitors.

shekel  picture: Tamar Mitzpi Migdal Capital Markets continues to lead mutual funds growth

In the year to the end of March, Israel's mutual funds took in NIS 30 billion; Migdal Capital Markets' market share grew by 34%.

Daniel Birnbaum Photo: Eyal Izhar Ex Sodastream CEO faces indictment for insider trading

Daniel Birnbaum allegedly passed on information to Ayala Sara Cohen about SodaStream's imminent acquisition by PepsiCo.

Shekel Photo: ASAP Creative Shekel gains as IMF raises Israel growth forecast

The IMF has revised Israel's growth forecast for 2021 upwards from 4.1% to 5%.

Yuval Cohen EMK buys Israeli co Cardo Systems for $150m

The European private equity fund is buying the motorcycle Bluetooth communications headset developer from Fortissimo and founder Abraham Glezerman.

Innoviz founders Photo: David Garb Innoviz completes SPAC merger, begins Nasdaq trading

The Israeli lidar laser sensors for cars developer starts trading at a company valuation of $1.4 billion.

Betsy Cohen credit: PR The doyenne of SPACS meets Israeli fintech

Betsy Cohen: Israelis think outside the box because their box isn't very big.

Partner CEO Isaac Benbenisti / Photo: Tamar Matsafi Itzik Benbenisti steps down as Partner CEO

"After I have accomplished the missions I set for myself, it is time for a new path."

Mergers and acquisitions Photo: To Go DraftKings acquires Israeli gamification co BlueRibbon

The US sports betting company will integrate and expand BlueRibbon's Tel Aviv office.

Tamar field Photo: Albatross Delek Drilling in talks to sell Tamar stake for $1.1b

Delek Drilling is obligated to sell its 22% stake in the Israeli offshore gas field by the end of the year.

Israel Chemicals Photo: Eyal Yizhar ICL signs 600,000 ton Indian potash contract

The agreed selling price in the contract is $280 per ton, $50 per ton above the previous contract.

Ran Poliakine / Photo: LUZ Corporate Photography NANO-X wins FDA clearance for single-source digital x-ray

The Israeli company remains on track and expects to submit an application to the FDA for its multi-source Nanox.ARC and the Nanox.CLOUD in 2021.

Tal Granot-Goldstein  credit: Ohad Romano, PR Hot upgrading subscribers to 500 Mbps Internet

Subscribers with appropriate routers can obtain the higher surfing speed at no extra cost.

Ehud Barak credit: Dor Malka InterCure teams with Austrian co to market cannabis products

The company, MediCann, will invest €10 million into the InterCure Austrian subsidiary, which will be 51% owned by InterCure.

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