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Airlines and credit cards: El Al gets its hands on Isracard?

Tel Aviv company bids for control of credit card company

El Al Israel Airlines (an Israeli airline led by CEO Dina Ben Tal Ganancia), has made Isracard Chairman Tamar Yassur and CEO Ran Oz a takeover offer through a private share allocation of 45% of shares that would allow it to take control of Isracard, a credit card company listed on the Tase with an estimated value of 3.1 billion NIS (New Israeli Shekel). This move follows a competing offer recently...

red/f - 1260632
Tel Aviv, Israel, 10/17/2024 11:36
AVIONEWS - World Aeronautical Press Agency

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