Dexia

BDS victories: Dexia bank to sell Israeli subsidiary; Veolia loses another contract

Just six weeks after French-Belgian bank Dexia gave notice that it was looking for a buyer for its Israeli subsidiary company, the Israeli business news website Globes reported on 15 May that the bank will sell off its 65 percent stake in Dexia-Israel (established in 2001) “by the end of the summer,” even as the parent company faces a loss with its sale.