Israel Corporation Mulling $430m Sale of Stake in Peruvian Power Company

Divestment comes as holding company seeks to raise cash ahead of June 2015 deadline for repaying $950 million in debt.

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Facing a cash crunch, the Israel Corporation is weighing the sale of its 21.1% stake in Peruvian electricity producer Edegel. The market value of the holding company's share in the private energy company is...