ISRAEL: Coop puts its stake in Blue Square, Hamashbir Lazarchan up for sale
Eight groups purchased tender documents for the sale of the Israeli Cooperative Society's holdings in supermarket operator Blue Square. Meanwhile, five groups purchased documents for the Coop's sale of its holding in the Hamashbir Lazarchan department store, it was announced yesterday. In July 2002, the Tel Aviv District Court approved a plan to sell the Coop's assets, with the proceeds from the sale to be divided among the cooperative's 22,000 members.
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