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Breaking· Economy· Updated

Green Lantern to Acquire Up to 40% of Kisu Restaurant Group

Investment firm Green Lantern has signed a preliminary agreement to purchase up to 40% of the Kisu restaurant group for about 330 million shekels, replacing Kisu's abandoned IPO plans.

3 newsrooms · 1 language · since

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Green Lantern to Acquire Up to 40% of Kisu Restaurant Group
Illustration by baba

What happened

  1. 01Green Lantern will buy up to 40% of Kisu restaurant group.
  2. 02The deal values Kisu at approximately 330 million shekels.
  3. 03This investment replaces Kisu's planned stock market IPO.
  4. 04Kisu reportedly canceled its IPO due to low expected trading volume.
Translated and summarized by baba from TheMarker, the latest report. Read TheMarker’s original

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