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Ampal, which is under the procedure of stay of proceedings and protection from creditors (Chapter 11) taking place in New York court issued an announcement last night stating that it intends to submit a reorganisation program which convert the outstanding balance of Ampal debenture debt into company shares (and in fact the company transferred ownership of creditors).

/public/adam/ExplorerIcon.jpg The article in Globes

/public/adam/ExplorerIcon.jpg The Article in Globes (Heb)

/public/adam/pdf.jpg The Article in Globes (Print - Heb)

/public/adam/ExplorerIcon.jpg The article in TheMarker (Heb)

/public/adam/pdf.jpg The article in TheMarker (Print - Heb)

/public/adam/ExplorerIcon.jpg The article in Calcalist (Heb)

/public/adam/pdf.jpg The article in Calcalist (Print - Heb)