Alon Blue Square obtains extension to approve offer by Ben-Moshe

By Tali Rackner

Norfolk, Va., Feb. 17 – Alon Blue Square Israel Ltd. received an extension to approve an offer of Ben-Moshe to acquire the estimated 72.71% direct and indirect interest in the company held by Alon Israel Oil Co. Ltd., according to a press release.

The offer was extended to 11 a.m. ET on Feb. 18. Alon agreed to a no shop until then.

Ben-Moshe may extend the deadline from time to time.

Alon Blue Square is based in Rosh Ha’Ayin, Israel and owns and operates supermarkets and specialty stores.

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