GLOBES: Eitan Eldar’s Business Venture is Eyeing UK’s Real Estate

GLOBES newspaper published an article about Eitan Eldar’s new business venture. The long-time financier is eyeing the UK real estate market. Eitan Eldar heads EEH Ventures, which has brokered sales of thousands of London housing units. Eldar’s EEH invests in real estate development projects, generating value through the experience and professional know-how of its people … Read more

Eitan Eldar Purchases the Yishal Shelf Company

Deal

It was reported on the “Calcalist” site that the businessman Eitan Eldar will purchase the Yishal shelf company. The company, which is in the process of being dismantled, has submitted an offer to its creditors in order to arrive at a debt agreement. According to the offer, Eitan Eldar will purchase the shelf company of … Read more

What Happens in Case of Failture to Fulfill Loan Covenants?

When an entity makes a loan, there are loan covenants that the borrower must withstand. These covenants are designed to ensure that the borrower will withstand his long-term commitments to the lending party. Eitan Eldar explains that the goal in these covenants is to maintain a healthy financial behavior, as reflected in the financial reports. The … Read more

What Covenants the Bank Requires in a Loan?

When a businessman wants to become the controlling shareholder of a public company to acquire 51 percent control of it, he usually asks for a loan from the bank. Eitan Eldar says that the amount of the loan depends on the equity of the purchaser. In this situation, the bank would like covenants. These covenants … Read more

What Affects the Level of Risk in Investments?

Businessman Eitan Eldar explains that in case we want that certain investment will be successful, we have to take a certain level of risk. Usually, when the risk level is high, there is a higher chance earn. But what affects the risk in the investment sector? There are several factors that affect the risk level in … Read more

Why is it Popular to Acquire Shelf Companies?

Eitan Eldar brings 3 main advantages of acquiring a shelf company: Raising capital – If a company (or private businessman) purchase more than 50 percents of the shares belong to the shelf company, it becomes the controller over the cash reserve of the company. The purchasing party can sthenghten the value of its money and raise capital by … Read more

Acquire a Shelf Company – 2 Advantages

A common phenomenon that indicates a peak period in the market, is trading a shelf company. It is characterized by acquistion of small stocks such as stockd of shelf companies. These companies have stopped their business activity for different reasons, buy their stocks are still traded in the market. Eitan Eldar says that these companies … Read more

The Wealthy People and the Taxes in Israel

Eitan Eldar points that taxes in capital gains are common in many modern countries, and Israel among them. They are imposed when one sells asset, on the difference between the cost of the sale and its purchase. What is an “asset”? Eitan Eldar explains that asset can be: businesses, reputation of a company, securities, etc. In Israel, … Read more

Who is the Controlling Shareholder in Arsenal?

Everyone that heard about English football, probably heard about the name of Alisher Usmanov – who holds almost 30 percent of the shares of Arsenal’s football club. Eitan Eldar tells that Usmanov is a well-known Russian-Uzbek origin oligarch. In 2012-2013, he has become the wealthiest person in England – Because his wealth raised by almost … Read more

Eitan Eldar: When Does Tender Offer Apply?

In most of the cases, tender offers apply under two situations, as describes businessman Eitan Eldar. What are these two situations? Interest in turning the company into private – Eitan Eldar tells that here, the controlling shareholder of a company removes it from the public market. He submits a tender offer which is higher than its … Read more