First Israel Mezzanine Investors Ltd. (FIMI) reportedly is seeking acquisition of Hadera Paper Ltd. (TASE:HAP) from Clal Industries & Energy Ltd. Ishay Davidi, Chairman of First Israel Mezzanine Investors, is talking to Hadera Paper's parent company owned by Len Blavatnik's Clal Industries & Energy. Ishay Davidi has his sights trained on his next takeover target of Hadera Paper Ltd. Sources inform Globes that Ishay Davidi has already begun talks with Clal Industries and Investments. The price being discussed in the negotiations is at a large premium over the market price.

No response from First Israel Mezzanine Investors or Clal Industries & Energy to the report was available.