Number of contenders for Feuchtwanger Ind. rises to five

At least five business groups have submitted offers to take over Feuchtwanger Industries, TheMarker has learned. The groups filed their offers with CPA Chen Bardichev, who is managing Feuchtwanger Industries while a 34-day court-ordered stay of proceedings remains in effect.

One of the latest groups to file bids is headed by Hagai Shalom, who took over Ha'Argaz Corporation together with Yitzhak Tshuva a year ago. A second is a group headed by Arie Nessim, the former CEO of Leumi & Co Investment House, TheMarker has learned.

One of the other three is Urdan Industries (TASE: URDN), which is seeking to acquire Feuchtwanger Industries through three companies: Scope Metal Trading (TASE: SCOP), Ytong (TASE: YPYP) and Polar Investments.

A fourth is business Shlmo Schmeltzer, owner of New Kopel.

There is at least one other contender, whose identity is not known.

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