Israel Corp to boost investment in Better Place

Newswire

JERUSALEM, Jan 28 (Reuters) - Israeli holding company Israel Corp said it would invest another $72 million in electric car infrastructure company Better Place as part of a $350 million fundraising. Israel Corp added on Thursday its controlling shareholder, Ofer Group, will also invest $20.5 million. Israel Corp earlier this month completed a $100 million investment in Better Place, an infrastructure provider for electric cars founded by former SAP AG executive Shai Agassi. Better ...

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