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Tel Aviv Bourse Sells 19.9% Stake to Manikay Partners
Israel’s stock exchange will sell a nearly 20 percent stake to New York-based investment fund Manikay Partners LLC, part of a quest to invigorate trading and attract more initial public offerings to the Middle East’s only developed market. The deal values the Tel Aviv Stock Exchange at 551 million shekels…
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Click here to read the full story: Bloomberg Quint