All Israel articles – Page 17
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Agrexco struggles in search for buyer
Israeli exporter Agrexco could potentially close within the next two weeks as the company searches for a buyer.
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Zim records smaller loss
Although the Israeli shipper recorded a second quarter loss of US$68m, it marks an improvement over the first quarter
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Agrexco meets with unsecured creditors
Troubled Israeli exporter Agrexco is apparently offering to pay its creditors around 10-15 per cent of the money it owes them as it bids to extricate itself from enormous debts racked up over the past decade.
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Agrexco to meet with unsecured creditors
Company plans to invite its creditors to approve a deal which would see them receive just 10-15 per cent of the money owed
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Agrexco sold to Israeli group Kislev
Sale of Israeli exporter to freight forwarding and logistics company given go-ahead during hearing in Tel Aviv District Court
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Agrexco sale decision delayed
Israeli exporter Agrexco moved a step closer to being sold to the Kislev Group today as it was identified as the only serious bidder for the company.
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Kislev Group likely to take over Agrexco
Offers from Kislev and Vertical Capital due to be assessed as Tel Aviv High Court prepares to convene special hearing
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Kislev Group likely to take over Agrexco
Kislev Group, a forwarding and logistics specialist based in the central Israeli city of Lod, has emerged as the front-runner in a two-horse race to acquire Israel's troubled fresh produce exporter Agrexco, local radio reports have suggested.
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Total Produce warned on Agrexco bid
Campaigners urge group to avoid troubled Israeli produce giant on account of 'complicity with Israeli war crimes and illegal activities'
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Only one bid received for Agrexco
Trustee Shlomo Nass applies for extension to deadline for offers as debt-laden exporter's future hangs in the balance
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Agrexco calls for more time as only one bid made
Agrexco trustee Shlomo Nass has asked for an extension to the deadline to find a buyer for the Israeli exporter after just one formal bid was lodged.
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Total Produce linked to Agrexco bid
Group declines to comment on rumoured interest in acquiring some or all of the troubled Israeli fresh produce exporter
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Total Produce linked with Agrexco sale
Total Produce has been linked to the possible acquisition of Agrexco as the industry waits to see who will gain ownership of the Israeli exporter.
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Protests at Agrexco's Tel Aviv office
Workers make a stand over possible cutbacks as court extends Israeli group's stay of proceedings until Tuesday
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Agrexco workers protest
Some 300 Agrexco employees have holed themselves up inside the beleaguered exporter’s Tel Aviv headquarters, according to Israeli press reports.
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Agrexco trustee wants worker cuts
Lack of cooperation cited as reason for Shlomo Nass to attempt to cut Agrexco's workforce and send others on unpaid leave
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Agrexco UK calls for customer patience
Agrexco UK’s general manager has appealed to the company’s customers for patience as court-appointed administrator Shlomo Ness at the Israeli parent company considers potential buyers for the beleaguered exporter.
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Positive signs for the future of Agrexco
EXCLUSIVE: Agrexco's court-appointed trustee Dr Shlomo Nass tells Eurofruit that group will soon be in hands of new investor
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David Bondi resigns as Agrexco CEO
Court-appointed trustee Shlomo Nass left to find buyer for troubled Israeli exporter before 20 July deadline
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David Bondi resigns as Agrexco CEO
David Bondi, chief executive of struggling Israeli fresh produce exporter Agrexco, has reportedly tendered his resignation in the wake of the company's recent debt crisis, just six months after taking on the role.