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Radisson Moriah hotel chain for sale at $80m.
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DAN GERSTENFELD
Jerusalem Post
10-20-1998
The owners of Radisson Moriah hotels have decided to sell all their holdings in the chain for at least $80 million, the group said yesterday.
The controlling group includes Ampal-American Israel Corporation (46 percent), Bank Hapoalim's subsidiaries Amot Investments (27%) and the Gemol provident fund, (20%).
Last May Ampal announced that it had received several offers from companies interested in a stake in the chain. A spokeswoman for the company said yesterday that the move is in line with the company's strategic plan to focus on other ...
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