empty
Bob Stark real estate company Stark Enterprises has submitted an offer to buy Africa Israel, which gives Africa a value of NIS 2.2 billion...
Hi, what are you looking for?
Bob Stark real estate company Stark Enterprises has submitted an offer to buy Africa Israel, which gives Africa a value of NIS 2.2 billion...
Dr. Amiram Binyamini has issued a temporary injunction preventing Moti Ben-Moshe from being voted off the IDB Development board.
Moti Ben-Moshe is refusing Eduardo Elsztain's demand for sole control of the controlling interest.
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.
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.
The rights issue today is part of a power struggle between Moti Ben-Moshe and Eduardo Elsztain to control IDB Development. Businessman Moti...
The plan calls for an immediate about $201 million rights issue. Moti Ben-Moshe: This is a PR exercise. IDB board approved the...