Kaman Holdings Selling New-Pharm to Raise Cash

Drowning in NIS 725 million of debt to banks and bondholders, Kaman Holdings is trying to unload its 31.67% stake in the New-Pharm drugstore chain.

Roni Elroy's Kaman Holdings, drowning in NIS 725 million of debt to banks and bondholders, is trying to unload its 31.67% stake in the New-Pharm drugstore chain.