Connect with us

Hi, what are you looking for?

Jewish Business News


Globes: El Al in talks to buy Diners credit card stake from Alon

Alon wants to sell its Diners shares to pay for the Mega recovery plan.

elal El Al

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.

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
Thank you.

Read the full story at Globes



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...


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


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.