Search Results for: IDB Development

By Omri Cohen On Tuesday, June 23rd, 2015
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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 Tibi Singer On Tuesday, March 31st, 2015
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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 Globes On Thursday, August 22nd, 2013
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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...

By Omri Cohen On Thursday, May 28th, 2015
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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 Omri Cohen On Tuesday, December 30th, 2014
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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...

By Nadav Neuman On Sunday, November 2nd, 2014
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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...

By Omri Cohen On Tuesday, June 30th, 2015
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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 Aviv Levy On Thursday, May 7th, 2015
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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
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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 Wednesday, February 18th, 2015
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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...

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