Apester: Sivota shares collapse as Israeli subsidiary files for bankruptcy

(marketscreener.com) Sivota PLC on Tuesday said it expects its flagship investment to be valued at zero. The London-based investment vehicle said Apester Ltd, a majority-owned subsidiary in Israel and the company's sole investment, has decided to file for bankruptcy after seeking legal advice. Sivota shares were down 82% to 5.00 pence each in London on Tuesday...https://www.marketscreener.com/quote/stock/SIVOTA-PLC-125090788/news/Sivota-shares-collapse-as-Israeli-subsidiary-files-for-bankruptcy-47343178/?utm_medium=RSS&utm_content=20240709