Economy · Full coverage
Pasternak Shem Investment House Raises $19 Million in Tel Aviv IPO
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By ענת גלעד
First reported by Calcalist · 1 day ago
What happened
Pasternak Shem Investment House raised NIS 70 million in its Tel Aviv IPO, valuing the company at NIS 350 million post-money. Key investors include Itzik Oz and Allday Group, who invested nearly NIS 30 million combined. The funds will support the company's expansion into new sectors.
- 01Pasternak Shem raised NIS 70 million in its Tel Aviv IPO.
- 02The company's post-IPO valuation is approximately NIS 350 million.
- 03Itzik Oz and Allday Group were notable investors, contributing nearly NIS 30 million.
- 04Raised capital will fund expansion into insurance and pension sectors.
- 05The company reported significant profit growth in 2025.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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