Pasternak Shoham

Pasternak Shoham completed a 70 million NIS IPO on the Tel Aviv Stock Exchange, ending a decade-long dry spell for new investment houses. The offering attracted prominent backers, including Allied Holdings and insurance executive Itzik Oz.

Investment house Pasternak Shoham completed its Tel Aviv IPO, raising ILS 70 million at a ILS 280 million pre-money valuation. Key investors included Itzik Oz and Prof. Yitzhak Swary's Allied Group.

Pasternak Shoham is preparing for an IPO and reveals the salaries of its senior executives. Kérastase opens its first pop-up in Israel with Sydney Sweeney, and Office Depot returns to Eilat. Google, Teva, JDC, and the Clear Sky organization will distribute an innovation award to non-profits in the field of mental health.