PR Newswire • 2 days ago
Alon Blue Square Israel Ltd. (BSIRY) (the "Company") announced today that further to its announcement dated August 16, 2016, the Company's controlling shareholder, Alon Israel Oil Company Ltd., or Alon Oil, has notified the Court that despite the rejection by the holders of Alon Oil's Series A Debentures of the amendments to the proposed debt reorganization and arrangement between the Company and its financial creditors under Section 350 of the Israeli Companies Law, 5759-1999, Alon Oil has approved the proposed amendments to the debt arrangement. In light of the above, the approval of the holders of Alon Oil's Series A Debentures to the proposed debt arrangement is not required, and the Company is currently waiting for final approval of the proposed debt arrangement by the District Court in Lod, Israel.
PR Newswire • 10 days ago
Alon Blue Square Israel Ltd. (BSIRY) (the "Company") announced today the resignation of Mr. Tal Yeshua as a member of the Company's board of directors effective immediately. The Board of Directors thanks Mr. Tal Yeshua for his contribution to the Company. Alon Blue Square Israel Ltd. (hereinafter: "Alon Blue Square") operates through subsidiaries.
Alon Blue Square Israel Ltd. (BSI)
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