New Offer From Nochi Dankner Would Give Investors a Haircut of Around NIS 600 Million

IDB group controlling shareholder looks to join Israel's ever-expanding 'tycoon barber club,' but will banks and bondholders bite?

Up until just a few months ago Nochi Dankner, the chairman and controlling shareholder of the IDB group, was still insisting that IDB would meet all its...