- Israel Commences Privatization of El
Al.
By Sharmila Devi (Financial Times) The long-delayed privatization of El Al Israel Airlines gets under way on Tuesday when the government starts to sell its 97 per cent stake in the country's flag carrier on the Tel Aviv Stock Exchange. The government is issuing combinations of stock and options, which ......
- Israeli Companies List On London Exchange
When Frutarom Industries, an Israel-based producer of flavors and ingredients for food and beverages, launched its initial public offering in February, it chose to list its global depositary receipts on the London Stock Exchange instead of in the US. The company's underlying shares trade on the Tel Aviv Stock Exchange....
- From Wall Street to Beijing: global finance has new
rules and new players.
The rising power of hedge funds and private equity investment, continued sharp competition among Wall Street firms and growth in China and India are the key drivers of global finance today, according to industry leaders at a recent Wharton Finance Conference where the theme was "From Wall Street to Beijing: ......
- El Al Israel Airlines may be
floated.
AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD The Israel Government Companies Authority (IGCA), which is charged with privatising El Al Israel Airlines, has indicated that it is considering floating part or all of the airline on Tel Aviv Stock Exchange. Yaron Jacobs, the director-general of IGCA, stated on 11 July, 'I ......
- Aer Lingus IPO Lists On London Exchange
Aer Lingus, Ireland's state airline, bucked worries over high fuel prices and potential terrorist threats to post an 8% gain in its first day of trading on the London Stock Exchange on October 2. It was the first airline issue on the exchange since Easyjet's initial public offering six years ......
- The Long-Run Return to Investors in Share Issue
Privatization.
Adam L. Schwartz [*] We examine the long-run returns earned by domestic, international, and US investors who purchase shares at the first open-market price in 158 share issue privatizations (SIPs) from 33 countries during the period 1981-1997. We compute one-, three-, and five-year net returns for domestic, international, and US ......
- Mexican Airport Operator Raises $1 Billion In IPO
Grupo Aeroportuario del Pacifico, or GAP, Mexico's largest airport operator, raised $1 billion in the country's largest privatization since the sale of Telmex in 1990.