Israel Says Aerospace Industries Plans $800 Million IPO in 2017

  • IAI seeks Tel Aviv listing; company worth about $3.2 billion
  • Planned IPO would be largest new listing in Israel in 10 years

Israel Aerospace Industries Ltd. is planning to raise as much as $800 million in an initial public offering next year, according to the head of the government authority that oversees the state-owned weapons manufacturer.

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