Bondholders acted on a long-standing threat and on Wednesday asked the Tel Aviv District Court to put IDB Development Corporation the holding company whose holdings include Cellcom Israel, Clal Insurance and Super-Sol into liquidation.
The move came after holders of IDB Series Tet bonds, who hold some 1.35 billion shekels ($350 million) of the conglomerates debt, failed earlier in the day to reach an accord with management and its controlling share…
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