Company, which is traded on the Tel Aviv Stock Exchange and controlled by brothers Yehuda and Rony Naftali, is continuing its expansion drive in the United States
Move comes as parent Alon Blue Square seeks to calm bondholders.
Bank makes opposition clear after suppliers give backing to debt rescheduling.
Argentine tycoon now committed to injecting more than a billion-and-a-half shekels into financial troubled holding group.
Hedva Ber assumes office as government vows to increase competition.
Chiron seeking U.S. backers for Liberia refinery, Ben-Moshe loses seat on Discount board and shares trade sideways, bonds recover.
Bank acts after Fishman fails to repay $388 million in debt.
Purchase of Phoenix by China’s Fosun in final stretch while bidders for Clal get first access to proprietary financial data.
Delek in talks to boost stake in Cyprus gas field, Azrieli in pact to sell Supergas to Tadiran, and telecoms stocks carry TASE higher.
El Al’s first quarter losses narrow; Partner’s profit shrinks less than expected; Israel Securities Authority making changes to encourage IPOs on TASE.