General · Full coverage

Court Approves Sale of Erazim College in Petah Tikva for 1.3 Million Shekels

How 3 Israeli newsrooms covered this story — translated into English and compared side by side.

Center 1Unrated 2

First reported by Ynet · Jul 19, 2026

What happened

The Central District Court approved the sale of Erazim College in Petah Tikva to Tzvi Bichler for 1.3 million shekels, enabling the college to continue serving 400 students despite prior insolvency and debts of 12 million shekels.

  • 01Central District Court approved Erazim College sale to Tzvi Bichler for 1.3 million shekels.
  • 02Sale includes assets, equipment, website, and preserves the college's name.
  • 03College serves 400 students and employs about 150 staff across three campuses.
  • 04Erazim accumulated debts of approximately 12 million shekels and became insolvent.
  • 05Temporary receiver Gonen Kastenbaum managed the sale as a going concern.
  • 06Efforts to save the college included mergers and operational streamlining but failed.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

Full coverage · 3 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

GlobesUnrated · HebrewJul 20, 2026
Court Approves Sale of Erazim College in Petah Tikva for 1.3 Million Shekels
CalcalistUnrated · HebrewJul 19, 2026
Temporary Liquidator Seeks Court Approval to Sell Erazim College for NIS 1.3 Million
YnetCenter · HebrewJul 19, 2026
Erazim College Faces Sale to Preserve Operations Amid Multi-Million Debt

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