Xtra Holding As has expressed interest in acquiring control of IDB Holding Corporation Limited (TASE:IDBH). Xtra Holding announced that it would file with the court an offer to acquire IDB through its energy arm, Xtra Energy Corp. (PTCPK:XTPT) "It should be emphasized that Xtra Holding is not a financial investor, and it does not have to organize an investor group.

The company sees synergetic value in the current range of activities of IDB's portfolio companies with its core businesses around the world, and it intends to be involved in the companies' management and to improve them for the good of the various companies' customers, employees, and parties at interest," said Xtra Holding in a statement.