Debt-ridden Landa printing acquired by FIMI in $80 million arrangement | CTech
Acquired-byInvestment
FIMI, which revealed the figures, is proposing an 80 million shekel takeover as it seeks to stabilize a company reeling from massive financial damage.
Acquired-by
If the bid is approved as part of the company's debt settlement, it will be one of the biggest-ever value write-downs in Israel.
InvestmentLayoffsAcquired-by
FIMI to invest $80 million in Benny Landa's collapsed digital printing company | CTech
Acquired-byInvestmentLayoffs
The international printing and computing giant, along with a major Israeli investment fund, are the only entities to have expressed interest in acquiring Landa Digital Printing, which is currently under a court-approved stay of proceedings. Any buyer will likely acquire the company by assuming its over $500 million in debt, subject to a negotiated haircut for creditors.
Acquired-byInvestment
Highcon develops and manufactures digital die cutting and creasing systems for post print processes in the folding carton and corrugated carton industry.
Acquired-byPublic Trading
The stay of proceedings is until the end of August. The company owes NIS 1.7 billion, mainly arising from investors' loans.
LayoffsAcquired-byInvestment
Founder Benny Landa secures stay of proceedings to restructure massive debt and pursue fresh investors.
InvestmentAcquired-by
HP, Canon, Xerox among suitors as Landa struggles with mounting debt. The court has granted a 14-day freeze as buyers negotiate fire-sale prices.
Acquired-byLayoffsCustomers
From bombastic promises to market reluctance, Benny Landa’s new crisis revives old lessons.
InvestmentAcquired-byLayoffsPublic Trading
Is it an unfortunate coincidence, or are there common factors that can explain why companies associated with one of Israel's most admired entrepreneurs got into difficulties?
LayoffsAcquired-byInvestment
Benny Landa’s ambitious digital press venture hopes to reach a deal with creditors and potential buyers after massive investments and global setbacks.
InvestmentPublic TradingLayoffsCustomersPartners
Benny Landa's nano-graphic digital printing company is laying off over 20% of its workforce after a fall in sales.
LayoffsCustomers
Landa�s lab-grown diamonds co LUSIX seeks debt settlement
InvestmentCustomers
Landa Closes Drupa 2024 with Historic Adoption of Nanography
PartnersExpand
בגיל 78, היזם הסדרתי שמספק הצצה ל"בונקר" הסודי שלו
CustomersExpand
Landa Digital Printing Expands Ink Operations
CustomersExpand
Landa expands North American sales team - PrintAction
CustomersExpand
Quad adds Landa S10P Nanographic Printing Press
Partners
Landa Digital Printing heading for Nasdaq SPAC merger at $2 billion valuation
AcquisitionPublic Trading
+ 13 more articles