Ex-partner Eduardo Elsztain demands the ouster before injecting more cash.
A shrinking Mega has few options as its struggles to compete with discount food retailers
Acquisition will bring together refining and filling-station operations of both sides.
The ruble has steadied, but the two Israeli companies with big Russian property portfolios haven't benefited.
Proceeds from $232 million sale would help ease tycoon’s debt load.
Stung by losses from declining food spending, Israeli supermarket chains have given their traditional Passover discounting a miss.
Israel's dairy giant Tnuva is valued at about 8.6 billion shekels ($2.1 billion).
Mobileye likely to delay secondary offering; Hapoalim to report provisions for possible U.S. penalties; Lower Wall Street trims TA-25’s gains.
Big provisions come as value of tycoon’s Russian real estate assets plummet; Israeli lenders have so far set aside about 60% of the value of his loans - between 2.7 billion and 3 billion shekels.
Loss of between $200 million-$220 million expected, company says.