Tag archive for ‘Moti Ben Moshe’
Yael Ella On Sunday, August 20th, 2017

Billionaire Bob Stark to buy Africa Israel for $608 Million

A surprising development in the saga of the sale of Africa Israel. Over the weekend, the company received a new offer. Calcalist has learned that the offer was filed by Stark Enterprises of Cleveland. The owner, More...

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 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 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...

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 Tuesday, March 31st, 2015

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...

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...

Omri Cohen On Thursday, February 5th, 2015

Moti Ben-Moshe to abstain from IDB rights issue

The rights issue today is part of a power struggle between Moti Ben-Moshe and Eduardo Elsztain to control IDB Development.     Businessman Moti Ben-Moshe announced last night to the management 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...

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