Apparently Israeli media is reporting that the price is so high that the government is requesting the founders will pay their taxes in USD and not Israeli Shekels in fear that such a large foreign exchange transaction will affect the exchange rate. ( Which is already unusually low and hurting exporters)
This would be the first time taxes are paid in a different currency in Israel history.
Pretty wild that it's such a large acquisition it can affect a nation's monetary policy.
This would be the first time taxes are paid in a different currency in Israel history.
Pretty wild that it's such a large acquisition it can affect a nation's monetary policy.