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Securities Authority voids vote on Ampal debt accord

Tuesday, August 7, 2012

WN.com - Business News
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Securities Authority voids vote on Ampal debt accord
Aug 8th 2012, 02:12

In an unusual move, the Israel Securities Authority stepped in yesterday to void a vote taken hours earlier on a settlement between Ampal-American Israel and its bondholders. The agency gave the company one week to make public the information it had provided exclusively to the Entropy consulting firm, presumably about the estimated value of Ampal's subsidiaries. The authority said the delay would give the trustees representing bondholders in the settlement the time to...
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