Shufersal

40 Israeli firms to be put on auction block for foreign investors

According to a government official, foreign funds are circling the Israeli companies that are going to be put up for sale by the state in a bid to increase competition, Bloomberg reported.

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Israeli court gives control of IDB Holding Corp to Argentina's Eduardo Elsztain

The $570 million debt settlement offer that will give control of Israel's IDB Holding Corp to Argentine businessman Eduardo Elsztain was approved by a court in Tel Aviv, Bloomberg reported.

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