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Article: Markstone in talks to sell Prisma stake: Potential buyers include Goldman Sachs & Menorah.
- Article from:
- Globes
- Article date:
- June 20, 2007
CopyrightCOPYRIGHT 2007 Globes. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Eran Peer
Jun. 20--Markstone Capital Partners Group LLC is conducting negotiations with a private investor, who is expected to purchase 20 percent of Prisma. The investor will provide the company with strategic value in the field of operations.
Marsktone invested in Prisma at a company value of NIS 900 million. The sale will be made at a double-digit premium over that price.
As "Globes" has reported in the past, Markstone in interested in selling 35 percent of Prisma, to remain with a 65 percent share. After the entrance of the private investor, Markstone will sell another 3 stakes of 5 percent each to three parties. One of the parties ...