Inbox Robot: Swiss Reinsurance News (Free subscription) | 07/13/2008
TEL AVIV, July 13 (Reuters) - Israeli holding company Koor Industries (KOR.TA: ) said on Sunday it has accumulated 8.97 million shares of Credit Suisse ...
Reuters UK (Free subscription) | 07/13/2008
TEL AVIV, July 13 (Reuters) - Israeli holding company Koor Industries said on Sunday it has accumulated 8.97 million shares of Credit Suisse Group for 1.28 billion shekels ($378 million).
Reuters UK (Free subscription) | 06/24/2008
TEL AVIV, June 24 (Reuters) - A foreign entity that has expressed interest in the past in acquiring control of Israeli holding company Koor Industries has again approached its controlling shareholders for a meeting, Discount Investment Corp said on Tuesday.
Telecompaper (Free subscription) | 04/23/2008
(Telecompaper) Israeli holding company Koor Industries has halted negotiations for buying a stake in Tata Teleservices, writes the Economic Times. However, the company has not given any reasons for the same. According to sources, the talks were at a preliminary stage and Koor has decided not to proceed as it was looking at the possibility of tying up with one of the new entrants in the telecommunication...
Haaretz.com (Free subscription) | 04/22/2008
Koor Industries is reportedly negotiating to sell half its shares, or almost 40% of the voting rights, in agrochemicals maker Makhteshim Agan Industries. Some analysts, however, dismissed the report yesterday, suggesting that it derived from Koor's convenience, not actual intentions. ...
Telecom News (Free subscription) | 04/21/2008
(Telecompaper) Israeli holding company Koor Industries is seeking to expand its international presence with the acquisition of a “significant minority holding” in India’s Tata Teleservices, reports Bloomberg. Koor sent a non-binding letter of intent to invest ILS 2-2.5 billion in the Indian telecommunications company. However, Koor also said that there is no certainty a deal [...]
Wireless Federation (Free subscription) | 04/19/2008
Israeli company Koor Industries has expressed interest in acquiring a minority stake in CDMA network operator Tata Teleservices. According to a statement by Koor filed with the Tel Aviv Stock Exchange, it has sent a non-binding letter of intent expressing its interest in investing USD577 million in Tata Teleservices. It acknowledged, however, that there was [...]
PR News Wire (Free subscription) | 06/18/2007
TEL AVIV, Israel, June 18 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (OTC: KORIY.PK; formerly NYSE: KOR) announced today that June 15, 2007 was the last day that its American Depositary Receipts ("ADRs") were traded on the New York Stock Exchange ("NYSE"), with the delisting of the ADRs from the NYSE being effective as of today. Further details about the delisting and the termination of the ADR...
PR News Wire (Free subscription) | 06/18/2007
TEL AVIV, Israel, June 18 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (NYSE: ; TASE: KOR) ("Koor", "Company"), a leading Israeli holding company, announced today that, following its press releases from May 8, 2007, and June 5, 2007, it completed today the sale of its entire holding (9.16%) in Knafaim Holdings Ltd., ("Knafaim"), for approximately $13.7 million, representing a price per share of $10.47...
PR News Wire (Free subscription) | 06/12/2007
TEL AVIV, Israel, June 12 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (NYSE: ), a leading Israeli holding company, announced today that following its press release from May 8, 2007, it has discontinued the negotiations for the sale of its entire 61% shareholding in Telrad Networks Ltd. About Koor Industries Koor Industries is a leading Israeli holding company, focusing on high-growth, internationally-oriented,...
PR News Wire (Free subscription) | 06/11/2007
TEL AVIV, Israel, June 11 /PRNewswire-FirstCall/ -- Koor Industries (NYSE: ), a leading Israeli holding Company, announced the resolutions of the Company's 2006 Annual General Meeting, held in the Company's offices on June 11, 2007. Resolutions 1. To reappoint each of the following as a member of the Board of Directors of the Company (the "Board of Directors"): (i) Marc Shimmel; (ii) Avraham Asheri. ...
PR News Wire (Free subscription) | 06/07/2007
TEL AVIV, Israel, June 8 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (NYSE: ) ("Koor"), a leading Israeli holding company, announced that, following its press release from May 13, 2007 regarding its affiliate Makhteshim Agan Industries' ("MAI") decision to re-examine the fact basis of its 2005 ESOP Grants and the potential outcome on MAI's financial reports, MAI today announced that, after reviewing...
PR News Wire (Free subscription) | 06/05/2007
TEL AVIV, Israel, June 5 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (NYSE: ; TASE: KOR) ("Koor", "Company"), a leading Israeli holding company, announced today that, following its press release from May 8, 2007, regarding the agreement to sell 4.96% of Knafaim with options to sell the balance of Koor's holdings in Knafaim, Ms. Tamar Borovich notified Koor today that she is exercising the option...
PR News Wire (Free subscription) | 04/26/2007
TEL AVIV, Israel, April 26 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (NYSE: ) ("Koor") a leading Israeli holding company announced today that it has completed the sale of its entire 56.5% shareholding in Sheraton Moriah Israel Ltd. to Azorim Tourism Ltd., a company in which Azorim Development and Construction Co. Ltd. ("Azorim") owns 75% and Boymelgreen Capital Ltd owns 25%, for a total consideration...
PR News Wire (Free subscription) | 04/19/2007
TEL AVIV, Israel, April 19 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (NYSE: ) ("Koor") a leading Israeli holding company announced today, following the agreement announced on December 17, 2007 between Koor and Azorim Development and Construction Co. Ltd. for the sale of Koor's entire 56.5% shareholding in Sheraton Moriah Israel Ltd., and additional press releases issued on the agreement since,...
