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Ex-supermarket Executive in Talks to Acquire Mega Chain

Unidentified group of foreign investors is behind Jacob Gelbard's bid.

and

Adi Dovrat-Meseritz

May 13, 2015 1:44 AM

Jacob Gelbard, an Israeli businessman with rich experience in food retail and telecommunications, is holding talks to buy the ailing Mega chain of supermarkets from Alon Blue Square, TheMarker has learned.

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