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Gaydamak Buys ‘Tiv Taam’
Reported: 08:57 AM - Jun/10/07
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(IsraelNN.com) Russian-Israeli billionaire Arcadi Gaydamak has purchased 51% of the “Tiv Taam” chain of supermarkets. While the company is worth NIS 448 million ($110 million), Gaydamak paid $200 million for his shares.
Gaydamak’s spokesman confirmed the sale on Sunday morning. He said that Gaydamak plans to make the chain close on Shabbat, and sell only kosher food.
Gaydamak’s spokesman confirmed the sale on Sunday morning. He said that Gaydamak plans to make the chain close on Shabbat, and sell only kosher food.
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