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Israel to sell 40% of postal service in Tel Aviv IPO by end of 2022

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Israel to sell 40% of postal service in Tel Aviv IPO by end of 2022

Israel aims to sell 40% of its national postal service in a Tel Aviv share offering by the end of 2022 and cut 1,600 jobs as part of its plan to save the financially strapped Israel Post Co from collapse, the communications regulator said on Thursday.

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Israel to sell 40% of postal service in Tel Aviv IPO by end of 2022

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Israel to sell 40% of postal service in Tel Aviv IPO by end of 2022

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