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Alon Blue Square Announces Board Approval to Proceed With Rights Offering to Existing Shareholders

2015-07-06 13:14:45| Grocery - Topix.net

Alon Blue Square Israel Ltd. announced today that the Board of Directors of the Company has resolved to move forward with a rights offering to its existing holders of ordinary shares and American Depositary Shares to acquire the Company's ordinary shares and American Depositary Shares, respectively. The Company intends to raise up to in gross proceeds assuming that all the offered rights are fully exercised.

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