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Money

The plan calls for an immediate about $201 million rights issue. Moti Ben-Moshe: This is a PR exercise.     IDB board approved the...

Money

– Eduardo Elzstain’s demand could mean the beginning of the end of his partnership with Moti Ben-Moshe. – Argentinean billionaire businessman Eduardo Elsztain has...

Money

– The group is considering various possibilities for selling its stake in Clal Insurance in whole or in part. –   The IDB group...

Business

– Moti Ben-Moshe tells Eduardo Elsztain: You are responsible for ending this deadlock. –   The tension between IDB Development Corporation Ltd. (TASE:IDBD) controlling...

Money

– Discount Investment and IDB Development are sharply down in an otherwise stable market. – Following the cancellation by Adama Holding Ltd. (TASE:ADMA.B1) of...

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,...

Money

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

Business

– If the Clal Insurance sale collapses, IDB Development is in deep trouble. – – IDB Development Corporation Ltd. (TASE:IDBD) today attached a going concern...

World News

– – The two disagree over Elsztain’s personal responsibility for future rights issues and offers to purchase.Is the partnership between IDB Holding Corp. Ltd. (TASE:IDBH) controlling...

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...