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Stock Market & Financial Investment News

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May 11, 2014
14:53 EDTCELCellcom Israel announces change of indirect controlling shareholders
Cellcom Israel announced that following its previous reports in relation to the Israeli court's approval of a creditors' arrangement for IDB Holding Corporation Ltd., IDB Development Corporation announced that the consummation of the creditors' arrangement has begun and that the control in IDB Development Corporation was transferred to the Elzstain - Extra group, led by Mr. Eduardo Elzstain and Mr. Mordechai Ben Moshe. As a result, the indirect control in the company was transferred to the Elzstain - Extra group.
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