Last week Israel Discount Bank raised $127 million in a share offering at $1.83 per share, with a further $59.29 million to be raised in options. Now it was reported that the Norway’s central bank Norges Bank has made a surprising step and increased its holding in Israel Discount Bank to 2.6 percent. Norges Bank holds 29.4 million Discount Bank shares worth $53.20 million.
Israeli Globes reports that the purchase of the shares is surprising attentively that Noges Bank also manages the sovereign wealth fund, which in 2013 decided to denounce its shares in Israeli companies due to the political Israel-Palestine conflict.
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
