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American Eagle’s Schottenstein Negotiating to Buy Maccabi Tel Aviv Basketball

21 Adar 5777 – March 19, 2017
The team has failed to make it to the EuroLeague quarter finals (it was eliminated after the Regular season), which could leave it with a deficit of about $5 million for the year.

Court Approves Haredi-Led Consortium to Take Over IDB Conglomerate

14 Tevet 5774 – December 17, 2013
A Tel Aviv court Tuesday has rejected arguments from embattled billionaire Nochi Dankner and has given its stamp of approval to allow a consortium,...

Wealthy Argentine Chabadnik Set to Take over Israel’s Giant IDB

7 Tevet 5774 – December 9, 2013
We don’t pretend to know how and why God works, but it can be speculated that the financial disaster of Israel’s giant IDB was the way for a Chabad Jew to enter Israel’s secular Big Business elite.

Argentinean Jew Investing in struggling Israeli Conglomerate

28 Sivan 5773 – June 5, 2013
Argentinean real estate mogul Eduardo Elsztain said he will invest $75 million in Israel businesses, including $57 million in the struggling IDB group and...

Makor Rishon Buys Maariv

22 Elul 5772 – September 9, 2012
As JewishPress.com first reported last Thursday, Shlomo Ben-Zvi, the publisher of the national-religious paper Makor Rishon announced the purchase of the struggling Maariv newspaper on...

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