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Africa Israel Deal Close as Bondholders Accept Offer

After 18 months of negotiations between Africa Israel Investment bondholders and Moti Ben-Moshe, a deal to acquire control of the company’s African Properties unit is being wrapped up – with Ben-Moshe pushed out by a pair of last-minute bidders. On Thursday, more than 90% of holders of Africa Israel’s Kaf-Vav…

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Click here to read the full story: Haaretz

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