Arbitrator bars Elsztain from ousting Ben-Moshe
Arbitrator Adv. Dr. Amiram Binyamini has issued a temporary injunction against IDB Development Corp. (TASE: IDBD) controlling shareholder Eduardo Elsztain from ousting his former partner Moti Ben-Moshe from More...
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 More...
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...
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...
El Al in talks to merge Sun D’Or with Israir Airlines
El Al Israel Airlines Ltd. (TASE: ELAL) reported that it has begun talks to merge the business of its subsidiary Sun D’Or International Airlines into Israir Airlines and Tourism Ltd., owned by IDB Development More...
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 More...
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 More...
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...