Members of Kibbutz Hanita near Israel’s northern border are demanding $11 million from Ballet Vision, the Chinese fund that controls 80% of the Hanita Lenses plant, accusing it of refusing to exercise an option to purchase the kibbutz’s remaining shares, according to a lawsuit filed in Tel Aviv District Court.

In a response letter attached to the lawsuit, the Chinese fund said that since the outbreak of the war in Israel, Beijing has classified Israel as a “high-risk area” and imposed a ban on any new Chinese investments in the country, making it impossible to carry out the option.

According to the lawsuit, in 2021 the kibbutz sold 74% of Hanita Lenses, which manufactures intraocular lenses for medical use, to Ballet Vision for $35 million. Of that sum, $25 million was paid to kibbutz members, with an additional $10 million injected into the company.

  • RaskolnikovsAxe@lemmy.ca
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    2 days ago

    Buddy if you’re not Canadian, then why would I care what you think? Thankfully your politics will have little purchase here. I suspect you know very little about my country and I know that you know even less about me.

    On the topic of discussion, you don’t understand my central claim and frankly I’m not sure it would benefit either of us to reach any mutual understanding anyway. To start with, you use terms like ‘fucking liberals’ that doesn’t really suggest an inclination to deep thought on the concept of what a liberal is unless it’s in a portmanteau with the word retard.

    Au revoir my special friend.

    • BrainInABox@lemmy.ml
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      2 days ago

      Buddy if you’re not Canadian, then why would I care what you think?

      Least racist Canadian

      • RaskolnikovsAxe@lemmy.ca
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        2 days ago

        If you’re not Canadian why would I care what you think or do, and why would I waste energy on a discussion that is personally insulting?

        kys

        Oh yeah you’re a real decent human.

        • ZeroHora@lemmy.ml
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          2 days ago

          You’re the one that keeping replying bro.

          If you’re not Canadian why would I care what you think or do

          That’s why I hate liberals they only care about their own personal freedoms and private property.

          Oh yeah you’re a real decent human.

          I’m only respond in the properly tone of your smugness debatelord.