Daily roundup / Bank Mizrahi calling in Office Depot debt
Leumi says the financial forecast in Tel Aviv is sunny, while the Ratio Oil & Gas Exploration partnership is drilling for $30 million.
Time to write off Office Depot? Bank Mizrahi-Tefahot on Thursday filed to liquidate Office Depot once and for all, though ostensibly parent company Hamashbir Lazarchan was to sell it to a group of Haredi investors in New York. What went wrong? A source close to Hamashbir says the reason is Mizrahi couldn't reach an accord with the would-be buyers over NIS 30 million that Office Depot owes the...
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