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Live Terminal
Economy · Full coverage

Norstar Seeks New Investor for G City After 661 Million Shekel Deal Collapse

How 4 Israeli newsrooms covered this story — translated into English and compared side by side.

100% center
Center 3Unrated 1

By עופר פטרסבורג

First reported by Calcalist · Aug 4, 2026

What happened

Norstar canceled a 661 million shekel deal to sell a controlling stake in G City and is seeking a new strategic investor. The original buyers included Ari Nadlan and Wishpro, but the deal was voided on August 3. Norstar plans a structured sale process with Discount Capital Underwriting to find new investors and support debt repayment.

  • 01Norstar cancels 661 million shekel deal to sell 26% of G City shares.
  • 02Original buyers were Ari Nadlan and Wishpro partnership.
  • 03Cancellation agreement signed August 3, deposit of 20 million shekels returned.
  • 04Deal collapsed after concerns over buyers' rapid control plans.
  • 05Norstar seeks new strategic investor, avoiding stock exchange sale.
  • 06Discount Capital Underwriting hired to lead new investor search.

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

In this story
People
OrganizationsNorstar, G City, Ari Nadlan, Wishpro, Discount Capital Underwriting

Full coverage · 4 outlets

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

MakoCenter · HebrewAug 4, 2026
Norstar Seeks New Investor for G City After 661 Million Shekel Deal Collapse
N12Center · HebrewAug 4, 2026
Norstar Seeks New Investor for G City After 661 Million Shekel Deal Collapse
YnetCenter · HebrewAug 4, 2026
G City Deal Collapses as Haim Katzman Cancels Sale to Tzachi Abu and Partners
CalcalistUnrated · HebrewAug 4, 2026
G City Deal Collapses as Chaim Katzman Cancels Sale to Tzachi Abu and Partners
CalcalistUnrated · HebrewAug 4, 2026
Norstar Receives Partnership Agreement Amid G City Deal Dispute Between Haim Katzman and Tzachi Abu

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