Dankner’s IDB group passes to new owners

Tel Aviv District Court Sunday approved the takeover of Israel’s largest concern, the IDB Holding Corp, from financially troubled Nochi Dankner to Moshe Ben-Moshe and Eduardo Elsztain after their financial credibility was scrutinized by experts of the Securities Authority and the official Public Receiver. IDB’s bond holders had demanded that Dankner be removed from the concern. Judge Eytan Orenstein gave him 15 days to appeal the decision. 

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