As a fierce competitor with SodaStream International Ltd., the Coca-Cola Company has sought to acquire 10 percent of Green Mountain Coffee Roasters Inc. for $1.25 billion.
Supermarkets in Israel are on edge after a recent market survey. According to Nielsen data obtained by the Israeli business daily Globes, sales by Shufersal, Mega, and Coop Israel has dropped by 3.2% from January 2013 to January 2014.
Over the weekend of October 5 it was announced that the Israeli electronics company Ray-Q Interconnect is to be purchased by a company controlled by Warren Buffet. If the acquisition is approved by the Israeli authorities it will become Mr. Buffet’s 3rd acquisition of an Israeli company.
For the fourth year in a row, thousands of CEOs, founders, investors, and entrepreneurs are flying to Dublin to attend Europe’s largest technology conference, Web Summit.