Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Ezra family joins Granovsky-Dankner Cnsortium Increases The Sum To NIS 820 Million ($227.7 million) For IDB

This increases the cash amount deposited by the consortium in advance with the trustee million to NIS 585.5 million ($162.5 million).

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) .

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Published by www.globes-online.com – 

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.