Israel’s ImageSat International Acquired by FIMI

Israel’s ImageSat International Acquired by FIMI

ImageSat International’s EROS-B high-resolution imaging satellite. Photograph courtesy of ImageSat International. Israel Aerospace Industries (IAI) announced on November 6, 2017, that it has entered an agreement with FIMI, the largest private equity fund in Israel (FIMI). Pursuant to the agreement, FIMI shall invest U.S.$40 million in ImageSat International (ISI) in exchange for 53.6% of ISI’s...

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