Tel Aviv-based IronSource, Israel’s largest internet company, is in advanced talks to be sold to a Chinese technology firm, TheMarker has learned. According to an industry source, IronSource is valued at some $1.8 billion in the talks, but the figures are not final. CEO Tomer Bar-Zeev said IronSource would not comment, but a quick deal … Continued

Bank Leumi’s investment arm will post a NIS 58 million pre-tax profit on the sale. Leumi Partners Ltd., the investment arm of Bank Leumi (TASE: LUMI), completed the sale of its entire holdings in Dalia Power Energies at the end of last week for NIS 187 million, and will post a NIS 58 million pre-tax … Continued

Leumi hopes to sell the 9.7% stake in Derech Eretz at a company value of NIS 4 billion. Bank Leumi (TASE: LUMI) is putting its investment in Derech Eretz Highways Management Corp. Ltd. up for sale. Leumi Partners Ltd., Bank Leumi’s investment branch, is in talks to sell its 9.7% holding in Derech Eretz, the … Continued