Bidder Will Remove Dankner From Management if Their Bid for IDB Wins

Ukrainian Alexander Granovsky also brings food importer Willi Food into the consortium trying to take control of Israel's ailing IDB group.

Ukrainian-Jewish businessman Alexander Granovsky said Thursday that if he and Nochi Dankner get the nod from a court to take control of the IDB group, Granovsky will remove Dankner and his associates from the management team. Dankner is currently the group’s controlling shareholder.