IAI privatization move sprouts wings
By Amnon Barzilai
The director-general of the Government Companies
Authority, Eyal Gabbai, has informed the board of directors of Israel Aircraft Industries that the wheels are officially in motion with regard to privatizing the company.
In a letter to Major General (res.) Ori Or, the duty chairman of the IAI board, Gabbai writes that the Finance Ministry has decided to issue up to 33 percent of the company's stock in the initial stage of the privatization process
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