Exclusive-Israel poised to launch defence privatisations in months says government official

JERUSALEM, Jan 12 (Reuters) - Israel plans to begin the long-awaited privatisation of two of its largest defence companies as early as the second quarter of this year, a senior government official said. Roi Kahlon, director of the Government Companies Authority, said union and regulatory issues should be resolved in the next few months to allow initial public offerings by Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems in the second quarter. Defence privatisation has been discussed on and off for the past 20 years, but robust financial results bolstered by Israel’s two-year war with Palestinian militant group Hamas in Gaza have strengthened the case to act now. 🔗 Leggi su Internazionale.it

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Exclusive: Israel poised to launch defence privatisations in months, says government official - awaited privatisation of two of its largest defence companies as early as the second quarter of this year, a senior government official said. msn.com