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Shlomo Holdings partners with Jared Kushner, withdraws TASE IPO

Apr 27, 2025•about 1 year ago

Contract Type

partnership

IsraelHardwareSatellite Communication

Description

Shlomo Holdings, a subsidiary of Shlomo Holdings Vehicle, has withdrawn its plans for an IPO on the Tel Aviv Stock Exchange (TASE) due to market volatility and geopolitical tensions. In September 2023, Shlomo Holdings Vehicle brought in Infinity Partners, founded by Jared Kushner, as a partner with a 15% stake at a company valuation of NIS 2.7 billion.

Company Information

Company

Duniec Bros

Location

Israel

About

Duniec Bros. is a publicly traded real estate company with over 60 years of experience in development and construction. It manages a portfolio of 27,000 housing units across various projects. The company was listed on the Tel Aviv Stock Exchange in 1993.

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