A letter sent to the board of directors of El Al has stated that the process of the airline's stock offer will be completed before the High Holidays, which begin on Friday, Sept. 18.
According to the letter, signed by Finance Ministry Director-General Keren Turner, El Al will begin its stock offer on Sept. 10 and conclude the process by Sept. 15, at which point any shares not purchased by the public will be acquired by the state.
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