Oil Refineries to be split? (Oil Refineries Ltd., privatized into two separate companies)

From: Israel Business Today | Date: January 14, 1994 | Copyright information

A report recently submitted to Energy and Infrastructure Minister Moshe Shahal suggested splitting Oil Refineries Ltd into two separate entities under two separate ownerships. The government currently holds 74 percent of the shares in Oil Refineries, while the Israel Corporation holds the remaining 26 percent.

The report, submitted by Mark Heitner, a special advisor to the Minister, suggested that the gov...

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