One of our best stock picks in 2018 was the Israeli beverage company SodaStream. On August 20th, 2018, American beverage giant PepsiCo signed a deal to acquire the Israeli home seltzer machine producer SodaStream for $3.2 billion. Following International Flavors & Fragrances’ acquisition of Frutarom in May, this is now the second time …
Israel Receives Highest-Ever Credit Rating
The Standard & Poors (S&P) credit rating agency upgraded its credit rating for Israel from A+ to AA- (stable outlook), ushering Israel into an exclusive group of 15 nations that hold the prestigious AA ratings (AA+, AA and AA-). The upgrade was announced on Friday, August 3rd after S&P changed …
Israel’s Conflicts Leading to Innovation
King David wrote in the first verse of the 144th Psalm “Blessed be the Lord my Rock, who trains my hands for war, And my fingers for battle”. David was a man who knew many battles, although he hardly went looking for them. Most people do not desire to be at war with others, nor …
Apple Buys First Israeli Tech Company
Apple Inc., the largest company in the world and maker of the iPhone, iPad and iPod, has confirmed its acquisition of Israeli flash memory company Anobit Technologies, located in Herzilya Pituach. Though it declined to reveal the cost of the deal, a Hebrew-language newspaper pegged the price around $400 million. The …