Israel: Antitrust Authority merger approval to determine Flat Glass debt reduction
An agreement made between creditors over Phoenicia America-Israel (Flat Glass) Ltd.’s debt will only come into effect after Israel’s Antitrust Authority approves the sale of Flat Glass to Fortissimo Capital. Flat Glass is in NIS 320 million in debt, though a judge at the Nazareth District Court had approved a 15 percent reduction in the debt offered by the four banks that are owed the money.
Featured News
Bipartisan Senators Reintroduce Bill to Curb Use of Non-Competes
Jun 12, 2025 by
CPI
Senate Bill Would Shield AI Developers From Civil Liability In Certain Uses of Their Tools
Jun 12, 2025 by
CPI
FTC Considers Political Content Clause in Omnicom-Interpublic Merger Review
Jun 12, 2025 by
CPI
Female Athletes Challenge NCAA $2.7 Billion Settlement, Citing Title IX Concerns
Jun 12, 2025 by
CPI
Judge Rules Amazon Must Face Audiobook Antitrust Suit from Independent Authors
Jun 12, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Industrial Policy
May 21, 2025 by
CPI
Industrial Strategy and the Role of Competition – Taking a Business Lens
May 21, 2025 by
Marcus Bokkerink
Industrial Policy, Antitrust, and Economic Growth: Some Observations
May 21, 2025 by
David S. Evans
Bolder by Design: Crafting Pro-Competitive Industrial Policies For Complex Challenges
May 21, 2025 by
Antonio Capobianco & Beatriz Marques
Competition-Friendly Industrial Policy
May 21, 2025 by
Philippe Aghion, Mathias Dewatripont & Patrick Legros