Saved StoriesCatch upNotificationsSettings

Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

By continuing you agree to the terms and privacy policy.

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

By continuing you agree to the terms and privacy policy.

Full coverage· Economy· Updated

Cafe Gan Si Pur Sells Half Stake to Green Lantern Investment Fund

Cafe Gan Si Pur has agreed to sell a 50% stake to the Green Lantern investment fund for 150 million shekels, pending regulatory approval. Founder Bernardo Balchovich will retain his management role as the chain plans to double its branches in Israel.

2 newsrooms · 1 language · since

Sign in to baba News

Sign in to save this article and find it on your phone.

or use an email code

By continuing you agree to the terms and privacy policy.

What happened

  1. 01Cafe Gan Si Pur sold a 50% stake to Green Lantern for 150 million shekels.
  2. 02Founder Bernardo Balchovich will continue managing the chain after the deal.
  3. 03The chain plans to double its number of branches in Israel in the coming years.
  4. 04The deal is pending approval from the Antitrust Commissioner.
  5. 05Balchovich previously founded the financially troubled Pizza Meter chain.

The deal signifies a new chapter for Balchovich, who previously founded the failed Pizza Meter chain, and for Green Lantern's investments in the Israeli food sector.

Translated and summarized by baba from Ice, the latest report. Read Ice’s original

The coverage

2 newsrooms on this story

Who covered it

  • LeftNone
  • Centre1
  • RightNone
  • HarediNone
  • ArabNone
  • Other1

How it broke

See which of the 2 newsrooms broke it, and who waited