Africa Israel in talks to sell stake in Gottex
Israeli conglomerate Africa Israel Investments said on Tuesday it was in advanced talks to sell its 50 percent stake in the Gottex swimwear line to its two partners in the firm.
``Africa-Israel was able to restore investors' trust -- they have full faith in the company and see things differently now,'' Africa-Israel CEO Izzy Cohen said Monday in an interview to Calcalist upon the release of the company's second quarter reports, which include a net profit of NIS 32 million.