KKR Seeks Buyer for Israel’s Yad2
Categories: Corporate and M&A
KKR, the US-based global investment firm, is reportedly seeking to sell Yad2, Israel’s leading online classifieds platform, at a valuation of about USD 1.2 billion (NIS 4 billion). Bidders include Blackstone, Apax, Warburg Pincus, and Francisco Partners, all aiming to gain a foothold in Israel’s digital marketplace.
The potential sale signals renewed international investor confidence in Israel’s economy after a two-year slowdown, despite the classifieds sector’s limited growth in a mature market.
Read more in Calcalist Tech.
