Search Results for: IDB
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...