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Wednesday, January 24, 2024

Ackman Ramps Up Israel Support With 5% Stake in Tel Aviv Bourse

 

  • Bill Ackman and wife Neri Oxman among investors buying stake
  • Ackman has spoken out against antisemitism since war began

Bill Ackman and his wife Neri Oxman have bought a stake in the Tel Aviv bourse, one of the most prominent investments in Israel since its war with Hamas erupted.

Ackman, 57, who has railed against a rise in antisemitism since the Hamas attacks and Israel’s subsequent retaliation, and Oxman are buying 5% of Tel Aviv Stock Exchange Ltd. The deal is part of a roughly 18.5% stake sale to foreign and local investors for 353 million shekels ($95 million), meaning the couple would have paid $25 million, according to calculations by Bloomberg.

https://www.bloomberg.com/news/articles/2024-01-24/bill-ackman-wife-neri-oxman-buy-5-stake-in-tel-aviv-bourse-lrre6a11

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