Israeli authority approves QPoint sale; creditor court hearing set for November 1
The Israeli Competition Authority approved the QPoint Sale on October 14, 2026, fulfilling one of the main closing conditions. The secured creditor filed a court application, consented to by the Company and the purchasers, to enforce its pledge over the QPoint Group shares and appoint two proposed joint receivers; a hearing is scheduled for November 1, 2026. Sale proceeds are intended to repay substantially all debt owed to the secured creditor but will be insufficient to repay that debt in full, and the sale is...
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