date:Mar 19, 2014
Tnuva, Israel's biggest food maker, is expected to file a prospectus with the Israel Securities Authority in the coming days for an initial public offering, a market source in Tel Aviv said on Tuesday.
The Tel Aviv IPO will likely include new shares equal to 10 percent of Tnuva and another 15 percent now held by Apax Partners, the British private equity fund that is Tnuva's biggest shareholder, according to the source, who asked not to be named. Apax controls 56 percent of Tnuva.
The source co