Eduardo Elsztain Raises Bet on IDB Group to $420 Million

Argentine tycoon now committed to injecting more than a billion-and-a-half shekels into financial troubled holding group.

comments Print
Eduardo Elsztain, the Argentine tycoon poised to take sole control of IDB group next week, is deepening his bet on the future of the highly indebted conglomerate to 1.6 billion shekels ($420 million) – a...