ISRAEL: Arkia Owners Seek Capital Injection as Employees Reject Dilution of Their Stake
BNEI BRAK, Israel – Arkia's owners, the Nakash brothers, will only inject capital into the loss-making airline if employees' stake of about 20% is diluted, setting off a labour dispute while the company remains unsold at an asking price of NIS 170 million Israeli shekels (USD 54.1 million).