Home Hedge Funds Bill Ackman and wife Neri Oxman buy stake in Tel Aviv Stock...

Bill Ackman and wife Neri Oxman buy stake in Tel Aviv Stock Exchange

21
0
menu icon

Bill Ackman, founder and CEO of Pershing Square Capital Management.

Adam Jeffery | CNBC

Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday.

The announcement came as the Israeli bourse announced the pricing of a secondary offering of 17,156,677 shares, or 18.5% of its market value, priced at 20.60 shekels ($5.50) per share, putting Ackman and his wife’s purchase at $17.3 million.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here