Sources inform “Globes” that El Al, is in preliminary talks with Alon Israel Oil Company Ltd. to acquire 49% of Diners Club credit card company.
Another possible scenario, Globes reports, is the acquisition of the shares by El Al in partnership with Israel Credit Cards Ltd. (ICC-Cal), Alon’s partner in Diners, which is currently in advanced negotiations with Alon Israel Oil to buy the shares.
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Read the full story at Globes
