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Alon Blue Square Announces Agreement to Sell Interest in Diners Club...

2015-11-29 16:36:48| Grocery - Topix.net

Alon Blue Square Israel Ltd. announced today that it reached an agreement, on November 29, 2015, regarding the sale of its interest in Diners Club Israel Ltd. . Under the terms of the transaction, the Company and Dor Alon Financing Ltd. Ltd. which holds 12.25% of the share capital of Diners) would sell their respective shareholdings in Diners to Credit Card for Israel Ltd. for aggregate consideration of NIS 130 million to be distributed pro rata between the Company and Dor Alon.

Tags: club interest sell blue

 

Board of Alon Blue Square Approves Sale of Certain Dor Alon Shares to ...

2015-10-26 06:02:03| Grocery - Topix.net

Alon Blue Square Israel Ltd. announced today its board of directors has approved the sale by the Company to its controlling shareholder, Alon Israel Oil Company Ltd. , of ordinary shares held by the Company in Dor Alon Energy In . The price per share in the transaction would be equal to the average closing price per ordinary share of Dor Alon during the seven trading days immediately preceding the closing of the Alon Oil Transaction exceeding the Transaction Price, Alon Oil would be required to pay such excess amount to the Company multiplied by the number of Purchased Shares sold at such price; .

Tags: to board sale blue

 
 

Alon Blue Square Receives Additional Continued Listing Standard Notice From NYSE

2015-10-08 13:56:29| Grocery - Topix.net

Alon Blue Square Israel Ltd. announced today that the New York Stock Exchange notified the Company on , it is also no longer in compliance with NYSE Continued Listing Standards because its average market capitalization and its last reported stockholders' equity are below continued listing standards. The NYSE requires that a listed company's average global market capitalization be not less than Under the NYSE listing rules applicable to foreign private issuers , the Company has 90 days from the receipt of the notice to submit a business plan that demonstrates how it intends to regain compliance with this continued listed standard within 18 months of the receipt of the notice.

Tags: additional standard notice blue

 

'Alon USA Energy, Inc. (ALJ) - Oil & Gas - Deals and Alliances Profile' Published

2015-08-24 16:53:01| Oil & Gas - Topix.net

Recently published research from GlobalData, "Alon USA Energy, Inc. - Oil & Gas - Deals and Alliances Profile", is now available at Fast Market Research Alon USA Energy, Inc. , a subsidiary of Alon Israel Oil Company, Ltd., is a refiner and marketer of petroleum products. The products include various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt, and other petroleum-based products.

Tags: profile usa published energy

 

Alon Blue Square Announces Claim Filed Against it and its Subsidiary, ...

2015-07-15 16:36:46| Grocery - Topix.net

Alon Blue Square Israel Ltd. announced today that a lawsuit was filed with the District Court in against it and its subsidiary, Mega Retail Ltd. , with respect to Mega's 51% subsidiary Eden Briut Teva Market Ltd. , by the minority shareholders of Eden. The plaintiffs are claiming that the Company and Mega have taken actions that oppressed the plaintiffs as minority shareholders in Eden in connection with Mega and Eden's filing for court approval for a stay of proceedings against Eden.

Tags: its blue filed square

 

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