Mizrahi-Tefahot Bank Begins Foreclosing on Fallen Tycoon's Debt

Bank sells IDB Holding Corporation shares put up by Nochi Dankner as collateral for his privately held company Ganden Investments.

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Mizrahi-Tefahot has become the first Israeli bank to foreclose on collateral for debts owed by Israeli tycoon Nochi Dankner’s privately held company Ganden Investments, the bank confirmed through a...