Search Results for: IDB Development
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...
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...
IDB Development bondholders approve Elsztain proposal
– Under the proposal, Elsztain will inject NIS 700 million into IDB Development, with a further NIS 70 million to be invested in buying shares in the company from the creditors. – – / By 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...
Eduardo Elsztain wants over $200 million injection to save IDB Development
– Eduardo Elzstain’s demand could mean the beginning of the end of his partnership with Moti Ben-Moshe. – Argentinean billionaire businessman Eduardo Elsztain has called on his partner Moti Ben-Moshe More...
Elzstain and Ben-Moshe injects $47 million into IDB Development
– The two are exercising warrants at 43% above Thursday’s closing price. IDB Development shares are rising strongly. – The controlling shareholders in IDB Development Corporation, Moti More...
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...
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...
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...