Yozma Reportedly in Talks to Sell Conduit Stake

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.”