Mega Or NIS buys Alliance Tire site in Hadera for $1B cash
Mega Or (TASE: MGOR), the income-producing real estate company controlled by Zahi and Efrat Nahmias, reported today that it had purchased the former Alliance Tire Company factory site in Hadera for NIS 1 billion in cash. Following the announcement, the company’s share price rose sharply, closing 7.06% higher. The stock is expected to enter the…