Category: Delek
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Isracard shareholders approve acquisition by Delek
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In order for the deal to pass, it is now needed to agree to the supervisor of the banks and the authority of Israel. The shareholders of the Israeli credit card company (Tase: ISCD) yesterday voted in favor of selling control over the company Delek Group (Tase: Delkg), which is…
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Isracard directors prefer Delek bid
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Delek Group (TASE: DELKG), controlled by Yitzhak Tshuva and managed by CEO Idan Wallace, is on the cusp of taking control of Israeli credit card company Isracard (TASE: ISCD). The battle between Delek, Menora Mivtashem (TASE: MMHD) and Jerusalem Bank (TASE: JBNK) over Israel’s largest credit card company is now…
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Delek Group turns up pressure on Isracard board
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The Delek Group, controlled by Yitzhak Tshuva, is increasing pressure on the board of directors of the credit card company Isracard, to encourage the board of directors to accept the takeover offer for the company. Delek Group is now seeking to acquire Isracard for NIS 3.56 billion, NIS 200 million…
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Delek Group turns up pressure on Isracard board
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The Delek Group, controlled by Yitzhak Tshuva, is increasing pressure on the board of directors of the credit card company Isracard, to encourage the board of directors to accept the takeover offer for the company. Delek Group is now seeking to acquire Isracard for NIS 3.56 billion, NIS 200 million…
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Delek Group joins bidding for Isracard
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Shareholders of credit card company Isracard were supposed to vote on the offer made by insurance company Menorah Mivtachim to acquire it for NIS 3.1 billion. However, at the last minute, Yitzhak Tshuva’s Delek Group made its own bid, valuing Isracard at NIS 3.36 billion, while Al-Quds Bank also made…