(Reuters) - Israel Corp said in a statement to the Tel Aviv Stock
Exchange it financed the payment from its own resources and will
now seek bank financing.
Israel Corp had signed an agreement with Indian partner DS
Construction Ltd under which the companies would each hold a 50
percent stake in Globeleq Americas. But DS Construction has not
yet received regulatory approval in India.
Read more at Reuters.com Mergers News
Exchange it financed the payment from its own resources and will
now seek bank financing.
Israel Corp had signed an agreement with Indian partner DS
Construction Ltd under which the companies would each hold a 50
percent stake in Globeleq Americas. But DS Construction has not
yet received regulatory approval in India.
Read more at Reuters.com Mergers News
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