IDB Warns It May Lose Control of Super-Sol

Holding company says Business Concentration Law will force it to appoint majority outside directors at food retailing unit.

Jan 06, 2014 6:54 AM

IDB Development Corporation, the holding company due to be taken over by Eduardo Elsztain and Moti Ben-Moshe, warned on Sunday that it stood to lose effective control of its Super-Sol unit sometime in the next...

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