Israel Corp considers separating into two companies

Newswire

TEL AVIV, June 26 (Reuters) - Israel Corp, one of Israel's biggest holding companies, is considering splitting into two companies in a bid to attract a broader range of investors, including more specialists, it said on Wednesday. If the separation is approved, shareholders of Israel Corp will also hold shares in the new company, it said in a statement. It estimated the separation process would be completed within 6-12 months. According to the move under ...

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