According to the report, Bennett will lead the unified party. They will also invite former IDF Chief of Staff Gadi Eizenkot to join their bloc.
"This step will lead to the unification of a bloc for course correction, put an end to internal strife, and allow all efforts to focus on a decisive victory in the upcoming elections and lead Israel to the necessary correction," a Bennett representative was quoted as saying by the broadcaster.
Lapid, currently the leader of Israel's parliamentary opposition, said on X that he and Bennett would address journalists at 8:10 p.m. local time (17:10 GMT).