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Business

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

Money

– Eduardo Elzstain and Moti Ben-Moshe face opposition by Discount Investment bondholders to IDB’s $53 million dividend. –   Following opposition by the company’s trustees,...

Court

– Nochi Dankner has filed “an urgent motion for the gathering of evidence”. – – Former IDB Holding Corp. Ltd. (TASE:IDBH) chairman Nochi Dankner today filed...

Court

– The court commissioned report is believed to have found no reason to prevent transfer of control of IDB from Nochi Dankner to Ben-Moshe...

Business

Dr. Amiram Binyamini has issued a temporary injunction preventing Moti Ben-Moshe from being voted off the IDB Development board.

Business

Moti Ben-Moshe is refusing Eduardo Elsztain's demand for sole control of the controlling interest.

Business

Ben-Moshe told the Discount Investments board that he is ready and willing to inject $153 million into the company.

Business

Eduardo Elsztain made further cash injections into IDB Development conditional on him being recognized as sole controlling shareholder.

World News

Ben-Moshe and Elsztain bought control of IDB last year, from the previous controlling shareholder Nochi Dankner, who got into a debilitating amount of debt.

Money

–  The two are exercising warrants at 43% above Thursday’s closing price. IDB Development shares are rising strongly. –   The controlling shareholders in...

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