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Tzachi Abu remains determined to take over G City
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News - Globes
Has the deal for the sale of income producing real estate company G City (TASE: GCT) (formerly Gazit Globe), signed just a month ago, run aground?
The source was referring to the unsuccessful attempt by Barak Rosen and Asaf Touchmair’s Israel Canada to take over G City a few years ago.
Coopting Dahari and Adiv to the acquisition will enable Abu and his partners to take over G City without having to consolidate its financial statements.
No response has been forthcoming from G City.
We want to restore it to being a leading real estate company.