Businessweek Archives

Koor Raises Money


International Outlook: GLOBAL WRAPUP

KOOR RAISES MONEY

-- Shrugging off any jitters from the Nov. 4 assassination of Prime Minister Yitzhak Rabin, Israeli conglomerate Koor Industries Ltd. has raised almost $120 million in a global offering. Smith Barney Inc. led the offering, and Union Bank of Switzerland handled the 40% slice reserved for European investors. The deal is another indication that investors and businesses believe the Middle East peace process will continue to move forward.


Race, Class, and the Future of Ferguson
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus