International Outlook: GLOBAL WRAPUP
KOOR RAISES MONEY
-- Shrugging off any jitters from the Nov. 4 assassination of Prime Minister Yitzhak Rabin, Israeli conglomerate Koor Industries Ltd. has raised almost $120 million in a global offering. Smith Barney Inc. led the offering, and Union Bank of Switzerland handled the 40% slice reserved for European investors. The deal is another indication that investors and businesses believe the Middle East peace process will continue to move forward.