Alcohol Company Acquires "Real Time" Amidst Market Volatility
An Israeli alcohol company, reportedly owned by Faliq, has acquired "Real Time," a company specializing in the bar and beverage industry. The acquisition comes amidst a period of significant market fluctuations and challenges for various Israeli businesses.
The article touches upon several other economic and business-related issues, including the impact of political spending on the economy, internal struggles and staff departures at the news website Walla, and potential competition for traditional banks. It also mentions the real estate market, with a notable figure, Ayelet Shaked, advising contractors against lowering apartment prices. The piece highlights specific stocks that have been heavily impacted on the Tel Aviv Stock Exchange, including those in the security and real estate sectors.
Further economic discussions include investment opportunities in Poland, a guide to the S&P 500 index for Israeli investors, and an explanation of index funds focused on banking stocks. The article also notes significant fluctuations in the dollar-shekel exchange rate over the past three decades. It references past business successes that ultimately collapsed, leading to wealth for kibbutz members, and details a severe conflict between two prominent families within a company, where members were labeled 'traitors'.