The Government Companies Authority has asked for the delay of the airline's public offering, following the interest of Israeli-Russian businessman David Sapir.

A third potential buyer has contacted the secretariat of El Al Israel Airlines Ltd. (TASE: ELAL) and requested a permit to buy control of the financially troubled airline. Sources inform "Globes" that he is Israeli-Russian businessman David Sapir who controls telecommunications and tourism companies. Sapir joins the two other potential buyers: Eli Rozenberg, the son of New York-based businessman Kenny Rozenberg; and Israeli-UK businessman Eli Gurvitz, the controlling shareholder in real estate company Arazim Investment Ltd. (TASE: AZRM).

Go To Original Article ... Comments:

El Al is truly a national asset.

Add Comment

* Required information
Drag & drop images (max 3)
What is the opposite word of small?
Captcha Image
Powered by Commentics


No comments yet. Be the first!

Get Newsletter