U.S.-Israeli media magnate Haim Saban plans to give up his controlling stake in ...
FILE PHOTO - Israeli-American businessman Haim Saban arrives to attend the third and final 2016 presidential campaign debate between Republican U.S. presidential nominee Donald Trump and Democratic nominee Hillary Clinton at UNLV in Las Vegas, Nevada, U.S., October 19, 2016. REUTERS/Mike Blake
The Globes newspaper said repayment is due in January 2020 and since there is no economic reason to repay the loan, Saban prefers to return the shares. Saban’s holdings have slid in value to 753 million shekels .
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