Neto Malinda Trading Ltd. (TASE: NTML), controlled by the Ezra family, is joining the investment agreement in IDB Holding Corp. Ltd. (TASE:IDBH), and will immediately deposit NIS 135.4 million with the trustee in favor of the settlement.The measure increases the cash amount deposited by the consortium in advance with the trustee for the settlement in IDB from NIS 451 million ($125 million) to NIS 585.5 million ($162.5 million) .
Total commitments for the settlement that the Alexander Granovsky (Emblaze Ltd. (LSE: BLZ))-Nochi Dankner-Netz Group Ltd. (TASE:NETZ)-Noiman-Neto consortium proposes has increased following the joining by the Ezra family, from NIS 684 million ($180 million) to NIS 820 million($227.7 million) .
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