Fidelity sells NextVision shares for $426 million, Advent's reset at Sapiens, and high-tech pay falls
Fidelity sells most of its NextVision stake for about $426 million, Advent's chairman on replacing Sapiens' management and 800 layoffs, high-tech pay falls 6.2% in July, and Revolut hires for an Israeli bank.
Fidelity sells most of its NextVision stake for about $426 million - Fidelity sold 5.7 million shares through Goldman Sachs and keeps about 3.1 million, under 5% of the drone camera maker.
Sources: CTech, Bizportal
Advent's Mike Ettling on replacing Sapiens' management and laying off about 800 people - Advent bought Sapiens for $2.5 billion last December and delisted it in Tel Aviv and…
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