Moti Ben-Moshe Mulls Buying Africa-Israel
The potential bid includes a NIS 700 million capital injection and a NIS 400-450 million debt write-off.
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Israel’s Tycoons Are Ailing, Who Will Buy Their Assets?
They once pulled the strings of Israel’s economy, but now the country’s most influential tycoons are reeling under a popular backlash against corporate power and selling assets in a regulatory squeeze.
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 controlling shareholder.