Redemption would begin three years after signing, with annual payouts for seven years; IDB Holdings says they cannot accept deal as is but view it as an opening for negotiations.
IDB group controlling shareholder looks to join Israel's ever-expanding 'tycoon barber club,' but will banks and bondholders bite?
Three years after Yossi Singer predicted huge success for the holding company, it's clear his forecast missed the mark. Now Singer is blaming the market for not pricing Granite appropriately.
Deal expands Israeli company's American real estate holdings.
CEO Hagai Badash pushes for investor activism, calls for capital market to 'vomit out' executives and board members who do harm to investors' interests.
Talks get underway over the NIS 290 million his IDB Holding Corp. owes Leumi and Credit Suisse.
The time has come for Lev Leviev to decide whether to pour in more money.
Housing & Construction's stake in the Trans-Israel Highway - Route 6 - in final stages of sale.
Bank seeks to reduce exposure, now equal to 7% of loan book, by focusing on smaller businesses.
The blue chip TA-25 index fell 0.2 percent to close at 1,228 points, and the broader TA-100 index fell the same percentage to end the day at 1,085 points.