Full coverage· Economy· Updated
Dan Transportation Acquires Tnupha Bus Company for NIS 150 Million
Dan Transportation has agreed to acquire the public bus company Tnupha for approximately NIS 150 million, pending regulatory approvals and due diligence. The deal, approved by Tnupha's shareholders, will see Dan take over Tnupha's routes in Samaria and the Jerusalem corridor.
2 newsrooms · 1 language · since
Plus
What happened
- 01Dan Transportation will acquire Tnupha for approximately NIS 150 million.
- 02Tnupha's shareholders approved the sale to Dan Transportation.
- 03The deal includes Tnupha's routes in Samaria and the Jerusalem corridor.
- 04The acquisition is subject to due diligence and regulatory approvals.
- 05Electra Afikim and Metropolitan also attempted to purchase Tnupha.
This acquisition marks an expansion for Dan beyond its traditional Gush Dan operating area and could support future company growth plans.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- CentreNone
- RightNone
- HarediNone
- ArabNone
- Other2
How it broke
See which of the 2 newsrooms broke it, and who waited
