IDB Holding reduces losses to NIS 20 million

IDB Holding reports that it has reduced its losses to NIS 20 million ($5.25 million) in the third quarter of the year, compared to a NIS 1.783 million ($470 million) loss in the same quarter last year.

The company also says that its talks for a $200 million loan from the KKR fund have been halted. (Ynet)