September 26, 2016 5:02 AM ET

Real Estate Management and Development

Company Overview of Alon Blue Square Israel Ltd

Company Overview

Alon Blue Square Israel Ltd. owns, leases, and develops commercial properties and projects in Tel Aviv. It operates supermarkets, commercial centers, logistics centers and offices, and land. The company was formerly known as Alon Holdings Blue Square – Israel Ltd. and changed its name to Alon Blue Square Israel Ltd. in April 2013. The company was founded in 1988 and is based in Yakum, Israel. Alon Blue Square Israel Ltd operated as a subsidiary of Alon Israel Oil Company Ltd.

France Building

Europark Yakum

Yakum,  6097200

Israel

Founded in 1988

6,982 Employees

Phone:

972 9 961 8504

Key Executives for Alon Blue Square Israel Ltd

Chief Executive Officer
Age: 69
Total Annual Compensation: $1.0M
Chief Executive Officer of Blue Square Real Estate Ltd
Age: 62
Total Annual Compensation: $793.4K
Co–Chief Executive Officer of Dor Alon
Age: 51
Total Annual Compensation: $277.0K
Compensation as of Fiscal Year 2015.

Alon Blue Square Israel Ltd Key Developments

Alon Blue Square Israel Ltd To Be Deleted From Other OTC

Alon Blue Square Israel Ltd's ADR - Sponsored (Israel) will be deleted from Other OTC, effective September 23, 2016. The deletion was due to ADR/GDR Program terminated.

Alon Blue Square Israel Files Form 15

Alon Blue Square Israel Ltd has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its American Depositary Shares, each representing ten ordinary shares and ordinary shares, par value ILS 1.0 per share under the Securities Exchange Act of 1934, as amended.

Alon Blue Square Appoints Board of Directors

Alon Blue Square Israel reported that in accordance with the proposed debt reorganization and arrangement between the Company and its financial creditors under Section 350 of the Israeli Companies Law, 5759-199, the company's board of directors has approved the appointment of Moti Ben-Moshe as a new director of the company effective immediately. Since 2009, Ben-Moshe has served as a business manager at ExtraHolding GmbH. In parallel, Yaniv Rog has been appointed by the Company's Board of Directors as an alternate to Ben-Moshe, and is expected to be appointed as a member of the board of directors subject to final approval of the proposed debt arrangement.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 10, 2016
Mega Retail Ltd.
Merger/Acquisition
January 29, 2016
--
Merger/Acquisition
January 14, 2016
Blue Square Real Estate Ltd.
 

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