No negotiations are underway with Israeli banks at this stage.
David Hayoun
Sources inform "Globes" that a banking syndicate, led by Citibank (NYSE:C), will probably finance Israel Corp.'s (TASE: ILCO) acquisition of the state's holding in Zim Israel Navigation Co.. No negotiations are underway with Israeli banks at this stage. Israel Corp. bought the state's 48.6% holding in Zim yesterday for NIS 504 million
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