Israeli businessman Moti Ben-Moshe is moving near to acquiring control of Israir Airlines and Tourism Ltd.. The offer by Dor Alon, which Ben-Moshe controls, was the highest bid submitted to the IDB Development trustee, and is also looked upon favorably by Israir's management and pilots. Last night "Globes" reported that the IDB trustee Adv. Ofir Naor is eager to speed up the sale of Israir to one of the three highest bids for the airline: Ben-Moshe, Arie Fridenson, controlling shareholder in Shladot Metal Works, and Rami Levy. RELATED ARTICLES Nakash family bids to merge Israir with Arkia Ben-Moshe's bid of NIS 90 million cash is the highest and includes forgiving a debt of $5 million from IDB, making the bid worth NIS 107 million to IDB's creditors. Published by Globes, Israel business news - en.globes.co.il - on November 10, 2020 © Copyright of Globes Publisher Itonut (1983) Ltd. 2020
