Arison expected a deal for NIS 250-300 million, but got only NIS 160 million for Israel's largest salt producer.
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.
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.
Negotiations between management and the workers have reached a deadlock.
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.
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.
Rafael and Avichai Stolero have agreed a valuation of NIS 850 million for Israeli UAV company Aeronautics, sending its share price soaring.
CloudEndure: This acquisition expands our ability to deliver innovative and flexible migration, backup, and disaster recovery solutions.
The Ramat Gan based company develops business continuity software solutions for disaster recovery, continuous backup, and live migration.
Israeli company Corephotonics develops technology for improving smartphone cameras.
ShieldSquare's anti-bot solutions help online businesses distinguish between human and non-human traffic.
US dental implant company Keystone Dental has merged with Israeli company Paltop and Accelmed has led a $20 million investment in the merged company.
Mazor Robotics CEO Ori Hadomi tells the 17-year story that led to the robotic surgery company's $1.64 billion exit.