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ASX preparing for rush of Israeli tech listings

Yolanda Redrup

A flood of up to 15 Israeli technology companies are poised to list on the Australian Securities Exchange this year, after a tech-heavy delegation used Prime Minister Benjamin Netanyahu's visit last week to lay the groundwork for local IPOs.

Israel Trade Commissioner Ethy Levy told The Australian Financial Review the number of Israeli firms on the local exchange would more than double in the coming months and that of the 22 companies that took part in the recent delegation, at least five will soon appear on the ASX.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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