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Article: Blue Square Announces it Received Announcement From Alon Israel Oil Company Ltd ("Alon") Regarding Change of Holdings in Alon.
- Article from:
- PR Newswire
- Article date:
- September 14, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROSH HAAYIN, Israel, September 14 /PRNewswire-FirstCall/ -- Blue Square-Israel Ltd. ("Blue Square") announced today that it is informed by its parent company, Alon Israel Oil Company Ltd. ("Alon"), as follows:
1. On September 14, 2009, Alon and Africa Israel Trade and Agencies Ltd. ("Africa") have signed an agreement under which Africa shall sell and transfer to Alon its holdings in Alon (ordinary shares equal to 26.14% of Alon`s issued share capital) and as consideration, Alon shall sell and transfer to Africa shares of Alon USA Energy, Inc. ("Alon USA"), a subsidiary of Alon, and shall grant Africa an option to purchase from Alon shares of Dor Alon Energy In ...