Deals
Digal Bondholders Give Preliminary Nod to Jewish Bid
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Digal Investments and Holdings Ltd. bondholders agreed in principle to accept an offer by Jewish investors for control of an east Jerusalem housing project and reject a Palestinian bid, pending a final vote.
The Jewish group, led by Rami Levi, chief executive of an Israeli supermarket chain and Jerusalem City Council member, beat Palestinian-American investor Bashar Masri’s bid for Digal and its Nof Zion complex, a trustee for the bondholders said today in a report to the Tel Aviv Stock Exchange.