Index Investing News
Tuesday, March 31, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

El Al withdraws bid to purchase management of Isracard

by Index Investing News
October 30, 2024
in Financial
Reading Time: 1 min read
A A
0
Home Financial
Share on FacebookShare on Twitter

El Al Israel Airways Ltd. (TASE:ELAL) has withdrawn its bid to purchase management of bank card firm Isracard (TASE: ISCD). Two weeks in the past the airline made a suggestion to purchase a controlling stake within the bank card firm at an organization valuation of NIS 3.1 billion. El Al stated, “As a result of quick time schedule set by Isracard (with no risk of an extension) and the in depth due diligence course of required,” it believes that “the corporate is unable to finish all of the required examinations”, and subsequently it’s withdrawing its supply.




RELATED ARTICLES













In the identical announcement, El Al added, “It can proceed to look at enterprise alternatives which are according to its strategic plan to increase the portfolio of services and products for its clients, amongst others within the subject of credit score and finance.”

El Al’s try to realize management of bank card firm Isracard got here after a powerful 12 months in its enterprise. The airline, managed by Kenny Rosenberg and managed by CEO Dina Ben Tal Gannacia, has been producing money at a speedy tempo and recorded document income within the first two quarters of 2024. Nevertheless, regardless of the income, it’s has been prevented from distributing dividends attributable to its dedication to the state made in 2020-2021, when the corporate was on the snapping point as a result of Covid pandemic.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on October 30, 2024.

© Copyright of Globes Writer Itonut (1983) Ltd., 2024.




Source link

Tags: bidbuycontrolIsracardwithdraws
ShareTweetShareShare
Previous Post

Henderson on Pandemic Planning – Econlib

Next Post

Q2 Outcomes: BCL Industries web revenue rises 64%

Related Posts

Crude Check: Volatile But Firm

Crude Check: Volatile But Firm

by Index Investing News
March 28, 2026
0

Crude oil prices saw considerable volatility last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($105.30/barrel) was down 6.1...

Dow, S&P 500, Nasdaq wobble after rally as Iran war drags on

Dow, S&P 500, Nasdaq wobble after rally as Iran war drags on

by Index Investing News
March 24, 2026
0

The war in Iran is “incomparable” with any past oil shock in both its scale and its wide-ranging impact on...

Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order

Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order

by Index Investing News
March 20, 2026
0

Eternal shares on Friday rose 3% from the day's low of Rs 230.10 on the NSE to scale the day's...

The ocean’s original chart-topper: scientists discover the oldest whale song recorded, from 1949

The ocean’s original chart-topper: scientists discover the oldest whale song recorded, from 1949

by Index Investing News
March 16, 2026
0

A haunting whale song discovered on decades-old audio equipment could open up a new understanding of how the huge animals communicate, according...

Israeli F-35 downs Iranian fighter jet in historic dogfight

Israeli F-35 downs Iranian fighter jet in historic dogfight

by Index Investing News
March 4, 2026
0

The IDF Spokesperson announced Wednesday morning that there had been an historic event in the skies over Tehran. An...

Next Post
Q2 Outcomes: BCL Industries web revenue rises 64%

Q2 Outcomes: BCL Industries web revenue rises 64%

UK’s Labour hikes capital good points tax by lower than feared

UK's Labour hikes capital good points tax by lower than feared

RECOMMENDED

How Buyers Lose 1000’s With out Correct Bookkeeping

How Buyers Lose 1000’s With out Correct Bookkeeping

November 1, 2024
India to start talks for one ‘very important’ FTA next week: Piyush Goyal    

India to start talks for one ‘very important’ FTA next week: Piyush Goyal    

November 16, 2022
China property developer Evergrande files for bankruptcy protection in US

China property developer Evergrande files for bankruptcy protection in US

August 18, 2023
Weekend in Taipei stars Luke Evans, Sung Kang and director George Huang speak racing, motion, and extra

Weekend in Taipei stars Luke Evans, Sung Kang and director George Huang speak racing, motion, and extra

November 12, 2024
DeFi Project Parrot Puts Fate of Over M Treasury, PRT Token, to Vote

DeFi Project Parrot Puts Fate of Over $70M Treasury, PRT Token, to Vote

July 22, 2023
SOL Price Reaches , But What’s Happening In Solana Ecosystem?

SOL Price Reaches $41, But What’s Happening In Solana Ecosystem?

November 7, 2023
The Excessive Dividend 50: B&G Meals

The Excessive Dividend 50: B&G Meals

March 17, 2022
Chipotle aims to hire 19,000 people for ‘burrito season’

Chipotle aims to hire 19,000 people for ‘burrito season’

January 24, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In