Israel Corporation mulling $430m sale of stake in Peruvian power company
Divestment comes as holding company seeks to raise cash ahead of June 2015 deadline for repaying $950 million in debt.
this story is by
Facing a cash crunch, the Israel Corporation is weighing the sale of its 21.1% stake in Peruvian electricity producer Edegel. The market value of the holding company's share in the private energy company is $430 million.