Tzachi Abu remains determined to take over G City
Lawyers for G City (TASE:GCT), controlled by Chaim Katzman, asked Tzachi Abu’s Ari Real Estate (TASE:ARIN) to disclose terms of an agreement with Ispro (TASE:ISPR) on joint control. The plan values a 26% stake at NIS 2.55B, with an option to raise to 33%. Abu seeks control; Katzman counters with CEO timing changes and financing steps. Ari shares fell ~25% since July announcement.






