Clal Insurance raises $158 mn via share sale, thwarts takeover bid

 Clal Insurance raises $158 mn via share sale, thwarts takeover bid
Israeli insurance company Clal Insurance Enterprises Holdings Ltd has raised NIS493 million ($158 million) via a share sale on the Tel Aviv Stock Exchange. The sale helped the insurer thwart a takeover attempt by real estate company Arlov Properties and Lodgings Ltd, which is controlled by businessman Alfred Akirov, Israeli […]
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Aman Malik

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