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Article: Blue Square Announces Change in Holdings in its Controlling Shareholder and Change in Directors.
- Article from:
- PR Newswire
- Article date:
- September 21, 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 21 /PRNewswire-FirstCall/ -- Blue Square-Israel Ltd. ("Blue Square") announced today further to its announcement dated September 14, 2009, that it was informed by its controlling shareholder, Alon Israel Oil Company Ltd. ("Alon") that the transaction between the controlling shareholders of Alon as announced on Septemper 14, 2009 was completed and Africa Israel Trade and Agencies Ltd. ("Africa") transferred its holdings in Alon (ordinary shares equal to 26.14% of Alon`s issued share capital) to Alon.
As a result of the completion of said transaction, the holdings in Alon (offsetting the dormant shares which shall be in the ...