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ISRAEL: BANKS' VISA PARTNERSHIP MAY BE DISSOLVED.(Brief Article)

IPR Strategic Business Information Database, December, 1999

According to Israel Line, two leading Israel banks, Leumi and Discount, are in the midst of negotiations on dissolving their partnership in the VISA C.A.L. credit card company. Israel's antitrust commissioner ordered the two banks to dissolve their joint control of VISA C.A.L., whose assessed value ranges between $250-400 million.

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