Search JTA's historical archive dating back to 1923

Israel Will Not Nationalize Palestine Electric Company

March 12, 1954
See Original Daily Bulletin From This Date
Advertisement

The Israel Government does not intend to nationalize the Palestine Electric Corporation, Development Minister Dov Joseph today told Parliament during an outline of the reasons for Israel’s purchase of a controlling share of the stock of the utility. Throughout its negotiations for the purchase of a controlling interest, the Israel Government has attempted to persuade stockholders to hold onto their shares.

Recommended from JTA

Advertisement