Tuesday, October 30, 2007

Gaydamak in negotiations to take control of Atlas Estate Ltd

After acquiring control over Ocif Investments, Israeli-Russian billionaire has his eyes on another real estate company, seeking to acquire 18% of Atlas Estates for 65 million euros.
Arcadi Gaydamak is now in talks with Gadi and Dror Danker for the acquisition of 18% of the shares of Atlas Estates Ltd., which is currently controlled by Elran Real Estate, Yedioth Ahronoth had learned.

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