Subscribe to Print Edition | Thu., August 21, 2008 Av 20, 5768 | | Israel Time: 02:21 (EST+7) web haaretz.com   Back to Homepage Rosner's Domain Diplomacy Defense Jewish World Opinion National Print Edition Car Rental Books Haaretz Magazine Business Real Estate Easy Start Travel Week's End Anglo File

Willigers aim to buy Ocif from Gaydamak at large premium By Michael Rochvarger How the wheel turns. The business brothers Zwi and Joseph Williger turn out to be leading a group looking at a takeover of Ocif Investments & Development from Arcadi Gaydamak. Gaydamak confirmed on Sunday that he's looking at offers for Ocif, which price the real estate company at half a billion shekels. If so, the offers are roughly double the company's market cap at the close of trading on the Tel Aviv Stock Exchange yesterday. Gaydamak said that he might sell the controlling interest and become a passive investor in the company. Advertisement The Willigers used to own the kosher-foods company Willi-Foods, which they sold to Gaydamak in June 2007 for $90 million. The Russian-Israeli businessman paid a 92% premium over Willi-Foods' market cap at the time. Since its sale to Gaydamak, Willi-Foods' stock has lost 50% of its value, closing at NIS 122 million yesterday. Gaydamak's spokesman refused to comment for this report. No comment could be obtained from the Williger brothers. Meanwhile, Bank Mizrahi-Tefahot is calling in an NIS 244 million loan that he had taken to buy Ocif in the first place. His Ocif shares are backing the loan. Bookmark to del.icio.us   Tears of joy Shahar Zubari's bronze medal was Israel's first of the 2008 Beijing Olympics. 'Germ of corruption' Mahmoud Ahmadinejad repeats his prediction that Israel will be wiped off the map.

Read & React Olmert: No restraint if Lebanon becomes Hezbollah state Responses: 194 Ex-Mossad chief: Ahmadinejad is Israel's greatest gift Responses: 58 Gaza women training as suicide bombers in case truce ends Responses: 132 Religious modesty guard 'enjoys support of rabbis and police' Responses: 62 More Headlines 23:05 PMO: Hezbollah plans to kidnap Israelis abroad 00:03 On eve of Assad visit to Moscow, Olmert, Medvedev discuss Mideast, Caucasus 22:08 Olmert to Zubari: Your Olympic win brings tears of joy to Israel 22:24 Ahmadinejad: Israel is a germ of corruption that will be removed 00:20 Rice: Russian reaction to U.S.-Polish missile shield agreement bizarre 19:31 Jordan acknowledges holding secret meetings with Hamas 12:39 Religious modesty guard 'enjoys support of rabbis and police' 22:54 West Galilee Hospital's newest donor is a 9-year-old boy 20:08 More than 140 people killed in Madrid plane crash 14:25 Hamas threatens to turn Shalit into 'second Ron Arad' 22:55 Anticipating truce breakdown, Gaza women training as suicide bombers 16:49 Seven-year-old falls off bicycle, dies of head injuries 14:19 Iraq to export oil to Lebanon, under series of upcoming trade deals 15:21 EU boosts aid to Palestinian Authority by an extra 40 million euros Previous Editions Select Day 20 aug 19 aug 18 aug 17 aug 15 aug 14 aug 13 aug 12 aug 11 aug 10 aug 08 aug 07 aug

Special Offers Advertisement Fattal Hotel Chain Perfectly located hotels on best resorts of Israel. Jewish Singles Personal Ads Find the love of your life on JDate.com MBA in Israel in English APPLY NOW! Limited spaces available Israel's Premier Real Estate Website www. israel-property.com Your vacation starts here Israel Travel Center Guaranteed Lowest Rates Hebrew Summer courses From $39.95 ISRAEL BONDS Build Israel Israel bonds - a multi-purpose way to celebrate Israel's 60th Eldan Rent a Car Israel's leading car rental company offers you a 20% discount on all online reservations Junkyard Junk a car - get free towing nationwide and a tax-deductible receipt

Home | TV | Print Edition | Diplomacy | Opinion | Arts & Leisure | Sports | Jewish World | Underground | Site rules |

Real Estate in Israel | Travel to Israel with Haaretz | Hotels Israel | Restaurants Israel | Tourist attractions Israel | Shops Israel

birthright Israel | Search engine marketing

Haaretz.com, the online edition of Haaretz Newspaper in Israel, offers real-time breaking news, opinions and analysis from Israel and the Middle East. Haaretz.com provides extensive and in-depth coverage of Israel, the Jewish World and the Middle East, including defense, diplomacy, the Arab-Israeli conflict, the peace process, Israeli politics, Jerusalem affairs, international relations, Iran, Iraq, Syria, Lebanon, the Palestinian Authority, the West Bank and the Gaza Strip, the Israeli business world and Jewish life in Israel and the Diaspora.

© Copyright  Haaretz. All rights reserved