Israel's Elbit to buy state-owned IMI Systems for $523 million
Reuters Staff
1 MIN READ
JERUSALEM (Reuters) - The Israeli government said on Sunday it was selling weapons manufacturer IMI Systems to Elbit Systems (ESLT.TA) for 1.8 billion shekels ($523 million).
FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner/File Photo
Elbit (ESLT.O) may pay an additional 100 million shekels depending on IMI’s performance, Israel’s Finance Ministry said in a statement.
JERUSALEM (Reuters) - The Israeli government said on Sunday it was selling weapons manufacturer IMI Systems to Elbit Systems (ESLT.TA) for 1.8 billion shekels ($523 million).
FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner/File Photo
Elbit (ESLT.O) may pay an additional 100 million shekels depending on IMI’s performance, Israel’s Finance Ministry said in a statement.
https://www.reuters.com/article/us-...ned-imi-systems-for-523-million-idUSKCN1GN0DK
Reuters Staff
1 MIN READ
JERUSALEM (Reuters) - The Israeli government said on Sunday it was selling weapons manufacturer IMI Systems to Elbit Systems (ESLT.TA) for 1.8 billion shekels ($523 million).
FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner/File Photo
Elbit (ESLT.O) may pay an additional 100 million shekels depending on IMI’s performance, Israel’s Finance Ministry said in a statement.
JERUSALEM (Reuters) - The Israeli government said on Sunday it was selling weapons manufacturer IMI Systems to Elbit Systems (ESLT.TA) for 1.8 billion shekels ($523 million).
FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner/File Photo
Elbit (ESLT.O) may pay an additional 100 million shekels depending on IMI’s performance, Israel’s Finance Ministry said in a statement.
https://www.reuters.com/article/us-...ned-imi-systems-for-523-million-idUSKCN1GN0DK
