Transaction

Fidelity Investments is selling most of its stake in Israeli drone camera maker Next Vision for about 1.3 billion shekels, ending its status as a major shareholder.

The chairman and controlling shareholder of the Matzlawi company sold 4.5% of the company's shares to repay a loan taken when purchasing the stake of Eliyahu Knapler. The transaction was carried out at a price reflecting high confidence in the company's strategy.

The Israel Securities Authority has forced Israir to postpone a shareholders' meeting regarding a transaction with Rami Levy. The regulator deemed the deal material, requiring the disclosure of additional commercial data.