Tag archive for ‘IDB DEVELOPMENT CORPORATION LTD.’
Omri Cohen On Wednesday, July 8th, 2015

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...

Omri Cohen On Tuesday, June 30th, 2015

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...

Omri Cohen On Tuesday, June 23rd, 2015

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...

Omri Cohen On Thursday, May 28th, 2015

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...

Ilan Shavit On Tuesday, May 26th, 2015

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...

Aviv Levy On Thursday, May 7th, 2015

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...

Aviv Levy On Thursday, April 30th, 2015

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...

Tibi Singer On Wednesday, February 18th, 2015

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...

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