Greenstone bids for 20% of Samsung Israel - Israel Business, Ynetnews
 
ynetnews
web


   Israel News

Israel News
World News
Israel Opinion
Jewish
Israel Business
Israel Culture
Israel Travel
Calcalist Exclusive

Businessman Ilan Ben-Dov Photo: Tzvika Tishler
Businessman Ilan Ben-Dov Photo: Tzvika Tishler
 
Prof. Dan David Photo: AFP
Prof. Dan David Photo: AFP
 
 

Greenstone bids for 20% of Samsung Israel

Company controlled by late Prof. Dan David's benefactors to shell out NIS 200 million for 20% of Samsung Israel, Calcalist learns, thereby partnering with Scailex in imports of mobile giant's devices

Golan Hazani, Calcalist
Published: 11.23.11, 15:09 / Israel Business

Greenstone controlled by the David family confirmed Calcalist's report from Wednesday morning that the benefactors of late professor Dan David are negotiating over the acquisition of a 20% stake in Samsung Israel's activity from businessman Ilan Ben-Dov's Scailex.

 

Samsung Dispute
Bar Refaeli modeling contracts exposed / Mark Schon, Calcalist
Dispute between Israeli supermodel, businessman Ilan Ben-Dov continues in court debate, revealing truth behind advertising campaigns
Full story

If concluded, the two companies will form a partnership in Scailex's cellular activity – the import of Samsung cellular devices – with a value of NIS 1 million ($270,000) for Samsung with Greenstone paying NIS 200 million ($53 million) for the stock.

 

According to accountancy firm Fahn Kanne's valuation of Samsung Israel, issued on November, the company's activity leapt from NIS 404 million ($108 million) in the report issued at end of 2010 to NIS 811 million ($217 million) in the current valuation.

 

Professor Dan David died two months ago, leaving his stock in the publically traded Leader Holdings and Investment to his wife Gabby and son Ariel. Leader holds Greenstone's controlling stake.

 

If the deal is signed, it will be the first deal to have been made on behalf of the company by late Dan David's representative, Tzahi Apeloig.

 

Click here to read this report in Hebrew

 

 

commentcomment   PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us




 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions

 
פיקוד העורף התרעה במרחב:
    למציאת מרחב ההתגוננות האישי שלכם »
    פיקוד העורף מזכיר: יש לחכות 10 דקות במרחב המוגן לפני שיוצאים החוצה
    רשימת יישובים במרחב