Eli Rozenberg

El Al plane

Eli Rozenberg holds 42% of El Al shares, company prepares to renew flights

The State of Israel, which had agreed to buy shares the public doesn't want, has bought shares worth about NIS 100 million, giving it a 12%-15% stake in the company.

17/09/2020
El Al plane

El Al battle heats up between directors, prospective buyers

The government initially offered to back $250 million in bank loans in exchange for El Al issuing $150 million in shares, which the state will buy if no one else does in a public offering.

El Al bidder is Jewish-American businessman's son

El Al has signed agreements with the cabin, administrative, and technical unionized workforce sectors, while the pilot union has yet to sign a deal with the company.

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