IDB Bondholders back Yigal Dimri's Israir bid
IDB bondholders back Yigal Dimri's Israir bid 97% of the bondholders support the bid at a valuation of NIS 169 million for the airline. 97% of the IDB Development Series 9 bondholders support the bid by Yigal Dimri to buy Israir Airlines and Tourism Ltd. The Israeli real estate developer and building contractor has offered to buy Israir at a company valuation of NIS 169 million. However, Dimri submitted his bid the day after the deadline set by IDB trustee Adv. Ophir Naor so that the selection of Dimri is likely to be protested by the other bidders - BGI Investments (1961) Ltd. (TASE: BGI), ...
Source: globes.co.il