Israel’s largest supermarket chain, “Supersol,” will issue $5 million in convertible debentures in the United States and Canada to finance a major expansion program, it was announced here today. The issue will be underwritten by the Oshawa Company, Supersol’s Canadian affiliate, which is owned by the Bronfman and Wolfe families of Toronto. Supersol announced a profit of a half-million Israel pounds (about $170,000) for 1966-67, and expects a similar profit for the current fiscal year. The business has 1,600 common stock holders in the United States and Canada.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
