Finance

Gilat raises $100 million in oversubscribed private placement

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Gilat raises $100 million in oversubscribed private placement

Satellite connectivity provider Gilat has raised $100 million in an oversubscribed private placement.The Israel-based company said it has secured commitments from Israeli institutional and accredited investors to purchase 8.9 million ordinary shares at $11.25 per share, representing a discount of ar...

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