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.
The potential bid includes a NIS 700 million capital injection and a NIS 400-450 million debt write-off.
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.