Category: Zvida
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Cielo Blu shareholders approve takeover by Tshuva and Zvida
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Shareholders of Cielo Blu (TASE: CILO) (formerly Hanan Mor), most of whom are financial institutions that acquired the company as part of its debt settlement, have overwhelmingly approved the allotment to companies controlled by Yitzhak Tshuva and David Zveda of Cielo Blu. Shares that can reach 47% in two stages,…