web analytics
January 23, 2017 / 25 Tevet, 5777
News & Views
Sponsored Post
Classifieds Section Check out the Jewish Press Classifieds

You can buy, sell and find what you need in the Jewish Press Classifieds section.



Court Approves Haredi-Led Consortium to Take Over IDB Conglomerate


Printer-Ready Page Layout
jewish-press-small-logo-rectangle

Photo Credit: .



A Tel Aviv court Tuesday has rejected arguments from embattled billionaire Nochi Dankner and has given its stamp of approval to allow a consortium, led by a South American Haredi businessman, to take control of the mammoth IDF holding company.

Dankner’s lawyers said they are considering whether to appeal the decision that accepted a creditors’ decision to let Argentine billionaire and Chabad follower Eduardo Elsztain Ben-Moshe and Modi’in entrepreneur Motti Ben-Moshe buy 75 percent control of IDB. The conglomerate, which has suffered heavy losses, controls a hefty amount of Israel’s manufacturing and also includes a large supermarket chain.

Jewish Press News Briefs

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.





Imported and Older Comments:


Current Top Story
View of the mountains from a home in the Jewish community of Amona on December 16, 2016.
Amona Residents Meet to Discuss Court Freeze of Relocation Deal

Printed from: http://www.jewishpress.com/news/breaking-news/court-approves-haredi-led-consortium-to-take-over-idb-conglomerate/2013/12/17/

Scan this QR code to visit this page online: