Koor sells two divisions for $200m
14 June 1999
Koor sells two divisions for $200m
KOOR Industries, Israels biggest holding company, continued its restructuring by selling off two divisions of Tadiran, its telecommunications and electronics arm. The sales are worth nearly $200 million (£124m).
The sell-offs are in line with a strategy which leaves the company focusing on high-growth sectors including agro-chemicals.
- Restructuring holds back Koor, FWi, 25 May, 1999
- No ag-chem joy for Israeli group, FWi, 26 March, 1999
- Financial Times 14/06/99 page 30
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