Carrefour SA announced that it has signed memorandum of intent to invest ILS 80 million in the network. Electra and Phoenix will invest another ILS 85 million; aggregate gross proceed of ILS 165 million on December 28, 2023. The company issued common shares in the transaction.
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- News Electra Consumer Products (1970) Ltd
- Carrefour SA announced that it expects to receive ILS 165 million in funding from Electra Consumer Products Ltd and other investors