Supreme Court increases Nochi Dankner’s sentence
The Supreme Court rejected an appeal Wednesday by Nochi Dankner, once one of Israel’s most prominent businessmen, and increased his sentence from two to three years in prison. Dankner appealed his 2016 More...
IDB Development Loses $215 Million Amid Control Wars Between Top 2 Partners
The IDB Group, one of Israel’s largest business groups, which holds leading corporations in key business sectors, posted a $250 million loss for 2014, compared with a loss of only $38 million in 2013, More...
Eduardo Elsztain Joins Tel Aviv IDB Board Meeting as Battle with Ben Moshe Rages on
Eduardo Elsztain, the Argentinian Jewish real estate tycoon who has had an ongoing disagreement with Moti Ben Moshe about their equal standing as shareholders in IDB Group, visited Tel Aviv last week, More...
IDB examining ways of selling Clal Insurance
– The group is considering various possibilities for selling its stake in Clal Insurance in whole or in part. – The IDB group is examining various possibilities for the sale of control or More...
Koor sells more 5.5 million Credit Suisse shares
– In the past dew days, Koor has sold 5.5 million shares in Credit Suisse, for a total of 157.5 million Swiss francs. – Credit Suisse building in Zurich / By Koby Yeshayahou / IDB group unit More...
On time : Nochi Dankner and Alexander Granovsky deposits NIS 70 million ($19.5 million) in cash
– Just before today’s decisive court hearing, Nochi Dankner and Alexander Granovsky deposited NIS 70 million in the court, and transferred NIS 450 million to a trustee account. – Nochi More...
Koor and Dankner Look to Sell Out of Credit Suisse
– Credit Suisse headquarters in Zurich / Wikipedia – The board of Koor Industries (TASE: KOR) has approved a change in the company’s investment policy. This move will enable the holding company More...
Are You Too Big to Fail ?
– Nochi Dankner’s Fall From Grace and the Israeli Economy – / By Clive Minchom / So when do you “pull the plug” on a failed enterprise or a bad loan? The answer should not be decided by More...