BSI News Sun, 17 Jan 2016 12:03:00 GMT ~ Alon Blue Square Announces Grant by Court of Temporary Stay of Legal Proceedings Against Mega Retail
[PR Newswire] - Alon Blue Square Israel Ltd. (BSI) (the "Company") announced today that in furtherance of the filing by its subsidiary, Mega Retail, of a voluntary request with the District Court in Lod, Israel for a stay of proceedings, the court granted a temporary stay of legal proceedings against Mega Retail until otherwise decided by the court. The court set a hearing for tomorrow morning Israel time to discuss the application by Mega Retail. Alon Blue Square Israel Ltd. (hereinafter: "Alon Blue Square") operates in five reportable operating segments and is the largest retail company in the State of Israel.