Search Results for: IDB

By Omri Cohen On Tuesday, June 30th, 2015

Eduardo Elsztain to double cash injection into IDB

IDB Development Corporation Ltd. (TASE:IDBD) controlling shareholder Eduardo Elsztain is attempting to strengthen the confidence of the creditors of IDB Development subsidiary Discount Investment Corporation (TASE: More...

By Omri Cohen On Tuesday, June 23rd, 2015

Ben-Moshe claims he’s IDB Development buyer

  The Buy Me Buy You (BMBY) procedure for the controlling interest in IDB Development Corporation Ltd. (TASE:IDBD) will not be over in two days; it is likely to continue for weeks, according to an answer More...

By Omri Cohen On Thursday, May 28th, 2015

Elsztain seeks to delist IDB Development

Eduardo Elsztain is proposing to replace his current commitments under the IDB Holding debt arrangement. Grupo Dolphin S.A., controlled by Eduardo Elsztain, is offering to buy the shares in IDB Development More...

By Aviv Levy On Thursday, May 7th, 2015

IDB bows to Elsztain ultimatum: Ben-Moshe ousted

Moti Ben-Moshe has been ousted as chairman of IDB Development Corporation Ltd. (TASE:IDBD), after Eduardo Elsztain made further cash injections into the company conditional on him being recognized as sole controlling More...

By Aviv Levy On Thursday, April 30th, 2015

Elsztain: I’m sole IDB controlling shareholder

  After a prolonged period of stagnation at IDB Development Corporation Ltd. (TASE:IDBD), and in view of the rift between its two controlling shareholders, it appears that Eduardo Elsztain is losing patience. More...

By Tibi Singer On Saturday, April 11th, 2015

Nochi Dankner to Testify Sunday on Illegally Pumping IDB Shares

The defense will begin on Sunday its part in the stock manipulation trial of businessman Nochi Dankner, the former controlling shareholder of IDB, with testimony by Dankner himself, in front of Judge Khalid More...

By Tibi Singer On Tuesday, March 31st, 2015

IDB Development Loses $215 Million Amid Control Wars Between Top 2 Partners

The IDB Group, one of Israel’s largest business groups, which holds leading corporations in key business sectors, posted a $250 million loss for 2014, compared with a loss of only $38 million in 2013, More...

By Vered Weiss On Wednesday, March 4th, 2015

Eduardo Elsztain Joins Tel Aviv IDB Board Meeting as Battle with Ben Moshe Rages on

Eduardo Elsztain, the Argentinian Jewish real estate tycoon who has had an ongoing disagreement with Moti Ben Moshe about their equal standing as shareholders in IDB Group, visited Tel Aviv last week, met More...

By Tibi Singer On Wednesday, February 18th, 2015

Ben-Moshe, Elsztain, Fighting over $78 Million in IDB Stock

Welcome to the next round in the feud between Moti Ben-Moshe and Eduardo-Elsztain, the controlling shareholders in IDB Development Corp. (TASE: IDBD). The IDB Group is one of Israel’s biggest business groups, More...

By Omri Cohen On Thursday, February 5th, 2015

Moti Ben-Moshe to abstain from IDB rights issue

The rights issue today is part of a power struggle between Moti Ben-Moshe and Eduardo Elsztain to control IDB Development.     Businessman Moti Ben-Moshe announced last night to the management of IDB More...

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