Tag archive for ‘IDB Development’
Omri Cohen On Wednesday, May 20th, 2015

Discount Investments board ousts Ben-Moshe

Discount Investment Corporation’s (TASE:DISI) board of directors met last night and decided to oust Moti Ben-Moshe from his position as co-chairman of the board, just like the recent decision of IDB More...

Globes On Friday, January 2nd, 2015

IDB board approves Eduardo Elsztain’s rescue plan

The plan calls for an immediate about $201 million rights issue. Moti Ben-Moshe: This is a PR exercise.     IDB board approved the proposal of one of the controlling shareholders, Eduardo Elsztain, More...

Omri Cohen On Tuesday, December 30th, 2014

Eduardo Elsztain wants over $200 million injection to save IDB Development

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

Aviv Levy On Friday, December 5th, 2014

IDB Partnership on the Rocks?

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

Globes On Sunday, November 23rd, 2014

IDB stocks plunge after Adama pulls offering

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

Omri Cohen On Wednesday, November 5th, 2014

Eduardo Elzstain, Moti Ben-Moshe postpone IDB rights issue

– 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, IDB More...

Nadav Neuman On Sunday, November 2nd, 2014

Elzstain and Ben-Moshe injects $47 million into IDB Development

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

Koby Yeshayahou On Sunday, June 8th, 2014

Greek energy exploration group Energean joins Myra and Sara partners

– The Cyprus-based company is taking a 25% stake in the energy exploration licenses off Israel’s coast.  – – Interest is reviving in the Sara and Myra drilling licenses. The partners More...

Israel
Globes On Sunday, June 1st, 2014

Israeli Clal Insurance sale to Chinese consortium collapses

– IDB Development: Insurance Supervisor will not approve the sale. – –  / By Ron Stein and Efrat Peretz / The sale of the controlling interest in Clal Insurance Enterprises Holdings More...

Efrat Peretz On Sunday, June 2nd, 2013

New Dankner Proposal as he Fights to Keep His Company Intact

– – / By Alan Gallindoss /  Globes today reports that Nochi Dankner continues to fight to keep control of his IDB group of companies with a new four part offer to the group’s bondholders who More...

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