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David Wiessman reportedly setting up US operations

Wiessman is believed to be setting up a $250 million overseas investment business.

David Wiessman Dudi

While Adv. Shraga Biran and the managers of Alon Holdings Blue Square – Israel Ltd. (NYSE: BSI; TASE: BSI) are in the eye of the business and public hurricane over the huge debt arrangement for the Mega retail chain, sources inform “Globes” that David Wiessman, formerly the all-powerful manager in charge of the group’s business, under whom Mega piled up such huge debts, is believed to be establishing a $250 million investment business, and he is moving most of the business of the enterprise he is to manage overseas…READ MORE 

Published by Globes [online], Israel business news – www.globes-online.com

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