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The Falklands Government fears that the Argentinean-Israeli billionaire is planing a commercial takeover of the disputed British colony.
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The Falklands Government fears that the Argentinean-Israeli billionaire is planing a commercial takeover of the disputed British colony.
Dr. Amiram Binyamini has issued a temporary injunction preventing Moti Ben-Moshe from being voted off the IDB Development board.
Elsztain will put $52.6 million into Discount Investment as part of a $131.5 million rights issue.
Moti Ben-Moshe is refusing Eduardo Elsztain's demand for sole control of the controlling interest.
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...
Ben-Moshe told the Discount Investments board that he is ready and willing to inject $153 million into the company.
Eduardo Elsztain made further cash injections into IDB Development conditional on him being recognized as sole controlling shareholder.
Eduardo Elsztain's is demanding that the IDB board recognize him as IDB's only controlling shareholder.
Otherwise it's all good.
In the current situation, Elsztain has more pull on IDB's board than Ben Moshe does