Business Services Industry

Merrill Lynch eyes Bezeq, El Al. (Merrill Lynch and Company Inc., Bezeq-The Israel Telecommunication Corporation Ltd., El Al Israel Airlines)

Israel Business Today, November, 1992

Top-level representatives of U.S. investment banking firm Merrill Lynch, told Prime Minister Yitzhak Rabin and Director of the Government Companies Authority Yossi Nitzani their firm would like to get involved in the purchase of shares of the government-owned companies Israel Chemicals, Bezeq and El Al Israel Airlines.

The delegation, in Israel for a brief stay this month, included Chairman of the Board William A. Schrayer and former Secretary of State William Rogers. "The four leaders of the investment banking company expressed interest in being involved as investors and underwriters of government-owned companies that are up for sale," said Nitzani. They also expressed readiness to find appropriate investors for government-owned companies that are to be...

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