Battle over for IDB || Israel's largest conglomerate gets new masters as Dankner raises white flag
Dankner, once one of the most powerful figures in Israeli business, says he won't appeal court ruling handing over control of IDB to his rivals.
Nochi Dankner, once one of the most powerful figures in Israeli business, said Sunday that he was giving up a lengthy and often bitter battle to retain a role in the IDB group, after a Tel Aviv court cleared the way for investors Eduardo Elsztain and Moti Ben-Moshe to take control of the conglomerate.
Hours after Tel Aviv District Court Judge Eitan Orenstein gave Ben-Moshe’s...
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