Business & Investment

Big by Modiin Chair Pro Center

Big Shopping Center (2004) Co., Ltd. (TASE:large) Announced that it has signed a binding agreement to purchase Modiin’s Ispro Center from Tnuport for 425 million NIS.

Trading facilitates the rest of the purchase Ispro-Israel Property Rental Corporation. (TASE: IPRO) Tnuport owners Kidan Dahari and Yaron Adiv have signed a contract to purchase all of Ispro’s assets from. Property and Building Co., Ltd. (TASE: PTBL) 800 million NIS in April. However, Tnuport was struggling to raise money for a potentially collapsing transaction. Villar International Co., Ltd. (TASE:VILR) We are waiting for advanced discussions between Tsubasa and Property & Building to replace Tnuport.

However, with funding from the Big Deal, Tnuport is now able to complete the acquisition of Ispro.

Israeli Business News, Published by Gloves- -December 31, 2020

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