BREAKING NEWS

Bank Leumi backs out of Dankner debt arrangement

By JPOST.COM STAFF, GLOBES

APRIL 19, 2013 18:15

Israeli Bank Leumi announced on Friday afternoon that it is backing out of the the debt arrangement made with tycoon Nochi Dankner’s Ganden Holdings Ltd.

"The arrangement, that did not bear fruits into an agreement, has become redundant and is no longer up for discussion," the bank said.

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