UPDATE 2-Israel Corp plans to split into two companies

Newswire

* Israel Corp would retain Israel Chemicals, Oil Refineries * Israel Corp shareholders to receive shares in new company * Shares in Israel Corp jump 8.4 pct * Chairman: Will restructure Zim's debt within six months (Adds comments from chairman) By Tova Cohen and Steven Scheer TEL AVIV, June 26 (Reuters) - Israel Corp, one of Israel's biggest holding firms, plans to spin off some of its less-profitable assets into a ...

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