Mon, 18 Jan 2016 19:37:00 GMT ~ Alon Blue Square Examining Offers to Purchase Its Holdings in Blue Square Real Estate Ltd.
[PR Newswire] - Alon Blue Square Israel Ltd. (BSI) (the "Company") announced today, in furtherance of its previous announcements, that it had received an number of offers to purchase the Company's holdings in Blue Square Real Estate Ltd. ("BSRE"). The Company is examining the offers and will update the market with further information when it deems disclosure appropriate or necessary. The Company has not decided whether to sell its holdings in BSRE, and there is no assurance that the Company will complete any transaction to sell its holdings in BSRE.
Mon, 18 Jan 2016 16:20:00 GMT ~ Alon Blue Square Announces Grant by Court of Stay of Legal Proceedings Against Mega Retail and Appointment of Trustees to Operate 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 Ltd., of a voluntary request with the District Court in Lod, Israel for a stay of proceedings, the court granted an initial stay of legal proceedings against Mega Retail for a period of 30 days. Amir Bartov as trustees for the operation of Mega Retail Ltd. Their role is to manage Mega Retail in an attempt to restore and sell Mega Retail, either as one unit or as groups of supermarket branches, with a view towards retaining places of work for Mega Retail employees, as well as examining the matter of completing the execution and fulfillment, to the extent possible, of the Mega Retail arrangement. 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.
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.
Link: http://www.otcmarkets.com/stock/BSI/company-info Ticker: $BSI OTC Market Place: Not Available CIK code: 0001016837 Company name: Alon Blue Square Israel Ltd. Company website: http://www.bsi.co.il Incorporated In: Israel
Business Description: Blue Square-Israel is an Israeli corporation which, independently and through its subsidiaries, operates chains of supermarkets in Israel. Co. markets and sells consumer products including food and beverages, apparel, pharmaceuticals, housewares and cosmetics. In addition, Co. operates a 'Buy & Bonus' frequent-buyer incentive program and a 'MEGA Club' frequent-buyer incentive program, which allow Co.'s customers to earn free gifts by earning points in any of Co.'s stores. As of Dec 31 2005, Co. had three store brands: MEGA, SuperCenter and Shefa Shuk.Less >>
$BSI share structure
## source: otcmarkets.com
Market Value: Not Available Shares Outstanding: Not Available Float: Not Available Authorized Shares: Not Available Par Value: No Par Value
$BSI extra dd links
Company name: Alon Blue Square Israel Ltd. Company website: http://www.bsi.co.il