Privatization

The Tel Aviv Stock Exchange is considering bidding for the Cyprus Stock Exchange in an upcoming privatization tender to expand its presence in the eurozone and pursue international growth.

G City reached 91% in the tender offer for Citycon shares. The company intends to initiate a squeeze-out of remaining shares and delist Citycon from the Helsinki Stock Exchange. Chaim Katzman announced plans to sell non-core assets and continue deleveraging.

The Supreme Court determined that the dominant motive for closing the station was dissatisfaction with the content broadcast. Although given the opportunity, the state failed to prove otherwise.

The Knesset Foreign Affairs and Defense Committee has extended the secrecy order on EAPC until the end of the year amid arbitration with Iran. The Government Companies Authority, which is pushing for privatization, was excluded from the discussion. Critics argue that the lack of financial transparency turns the company into a "backyard" for the Ministry of Finance.

The government has acknowledged severe failures in its 17 billion shekel social procurement system. An inter-ministerial team recommends establishing a pool of service operators to improve quality and reduce bureaucracy.

In less than 72 hours, Gianni Infantino's ambitious plan to privatize FIFA's core assets collapsed into a major political crisis. Facing a united boycott threat from UEFA and other confederations, the FIFA president was forced to abandon the deal.

FIFA President Gianni Infantino is attempting to lower tensions surrounding the FIFA Forward Enterprise plan, asserting that it is merely a consultative proposal rather than a binding step. UEFA has labeled the initiative a "red line" and is considering a potential boycott of FIFA tournaments.