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Bill Ackman: Israel has huge potential for long-term growth

US hedge fund billionaire Bill Ackman and his wife Neri Oxman told "Globes" why they bought a 4.9% stake in the Tel Aviv Stock Exchange. ....

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Hedva Ber withdraws Discount board candidacy

Her brother serves on the board of Clal Insurance Enterprise Holdings which is a party in interest in Israel Discount Bank. ....

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Clal Insurance completes acquisition of Max credit card in deal worth NIS 2.5b

Clal gets control permits from regulators to buy control of Max from US private equity firm Warbus Pincus; deal hoped to boost competition in consumer credit market ....

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Bank of Israel grants permit for Clal Insurance to take control of Max credit card

Approval paves way for Clal to snap up Max credit card company in deal worth NIS 2.5 billion; central bank sets criteria for Clal to hold at least 30% stake in Max ....

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SEC filing reveals Norwegian fund's huge Israeli holdings

As the Norwegian sovereign wealth fund mulls disinvesting from Israeli financial bodies, "Globes" finds it has investments in 70 Israeli companies worth billions of dollars. ....

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