IMI STRUGGLES TO SELL UNITS

  • Middle East Newsline
  • November 16, 2004
TEL AVIV [MENL] -- A leading state-owned Israeli defense firm has beenstruggling to fulfill a mandate to shed non-essential divisions. Israel Military Industries has failed to complete the sale of severalunits amid financial difficulties. The units include the light armsdivision, considered one of the most prestigious in the company.
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