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2009 October 12   11:48

Israel Corp delays meeting as Ofers give $100m to Zim

Israel Corp has pushed back a shareholder meeting to discuss the recovery plan for its container shipping operation Zim Integrated Shipping Services from October 14 to October 28, according to a statement issued to the Tel Aviv bourse this morning.
Meanwhile, Israel Corp owners, the Ofer brothers, are set to invest an additional $100m in Zim, according to a report in leading Israeli newspaper Yediot Ahronot reported, which did not cite is sources.

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