The proposal to purchase Israir still requires court approval.
Levy is the owner of the eponymous supermarket chain and Haim is the controlling shareholder of Taaman Food Marketing.
Rami Levy in one of his Jerusalem supermarkets on June 23, 2016. (Miriam Alster/Flash90)
The winning offer beat out competing proposals from businessmen Yigal Dimri and Moti Ben-Moshe. An Israeli businessman based in the United Arab Emirates also offered to buy the firm.
Along with the sale of Israir, national carrier El Al Israel Airlines was recently put on the auction block. In October, the Government Companies Authority officially granted 27-year-old Israeli-American Eli Rozenberg control over El Al. Rozenberg’s newly minted Kanfei Nesharim Aviation purchased 42.88 percent of the carrier in a September 16 sale, making it the controlling shareholder as defined by Israeli regulation.
IDB bondholders back Yigal Dimri s Israir bid
97% of the bondholders support the bid at a valuation of NIS 169 million for the airline.
97% of the IDB Development Series 9 bondholders support the bid by Yigal Dimri to buy Israir Airlines and Tourism Ltd. The Israeli real estate developer and building contractor has offered to buy Israir at a company valuation of NIS 169 million.
However, Dimri submitted his bid the day after the deadline set by IDB trustee Adv. Ophir Naor so that the selection of Dimri is likely to be protested by the other bidders - BGI Investments (1961) Ltd. (TASE: BGI), controlled by Rami Levy and Shalom Haim, and Dor Alon (TASE: DRAL), controlled by Moti Ben-Moshe. IDB itself has yet to form an opinion on the matter.