Kardan Israel in negotiations regarding partial sale of Avis

  Amsterdam, June 29, 2011 – Kardan N.V. (“Kardan”), active in Real Estate, Water   Infrastructure and Financial Services in emerging markets announces that Kardan Israel   Ltd. (“KIL”) has entered into negotiations to sell to Hamizrach Holdings Ltd. (“Hamizrach”)   approximately 34% (the “Purchased Shares”) of its approximately 68% shareholding in Dan   VehicleContinue reading “Kardan Israel in negotiations regarding partial sale of Avis”

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