Tuesday, May 13, 2008

KOOR: Quizás, quizás, quizás.


Koor Industries Ltd. (TASE:KOR) has called off talks to bring in a partner for Makhteshim Agan Industries Ltd. (TASE: MAIN) after three weeks of negotiations with an international company. Had the sale gone forward, Koor, a unit of IDB Holding Corp. Ltd. (TASE:IDBH), would have reaped a huge capital gain. As things are now, the share lost 4% of its worth. During the last month, KOOR has announced three or four times that she had decided, and when she had to put out, said ¨No¨.

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