Business Standard

Israel's NSO considering sale or shutdown of Pegasus unit: Report

Talks have been held with several investment funds about moves that include a refinancing or outright sale, said the people, who asked not to be identified as the discussions are private.

Photo: Bloomberg
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Photo: Bloomberg

Yaacov Benmeleh and Eliza Ronalds-Hannon | Bloomberg
NSO Group Ltd., the scandal-plagued spyware company that’s in danger of defaulting on its debts, is exploring options that include shutting its controversial Pegasus unit and selling the entire company, according to people familiar with the matter.

Talks have been held with several investment funds about moves that include a refinancing or outright sale, said the people, who asked not to be identified as the discussions are private. The company has brought in advisers from Moelis & Co. to assist, and lenders are getting advice from lawyers at Willkie Farr & Gallagher, the people said.

The prospective new owners include two American

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