News

Yozma Reportedly in Talks to Sell Conduit Stake

Published on February 9, 2012
by John Murrell

Sources are telling Israeli business news site Globes that Yozma Venture Capital is in advanced talks to sell most of its 9 percent stake in Web site syndication solutions developer Conduit Ltd. for $200 million to $250 million — a handsome return on its $1.5 million investment in 2006. The potential buyer, says Globes, is “a large foreign investment firm.”

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