|Bid||2,459.00 x 1734200|
|Ask||2,460.00 x 3034300|
|Day's Range||2,449.00 - 2,466.00|
|52 Week Range||21.03 - 2,466.00|
|PE Ratio (TTM)||1,365.15|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Billionaire Shari Arison has signed a non-binding agreement to bring on board three North American financial institutions to share her controlling interest in Bank Hapoalim, Israel's biggest bank. Arison is in a preliminary agreement to sell 49 percent of Arison Holdings, through which she holds a controlling 20 percent stake in Hapoalim that is valued at 6.5 billion shekels ($1.9 billion). The price will be calculated according to Arison Holdings' equity, based on a valuation for Hapoalim of 24.82 shekels per share, Arison Holdings said on Sunday.
Israeli billionaire Shari Arison agreed to sell 49 percent of her investment and philanthropy arm, which could become one of the biggest deals in the country’s financial sector.
Categories: Yahoo FinanceGet free summary analysis Bank Hapoalim BM reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Bank Hapoalim BM – Mizrahi Tefahot Bank Ltd, Bank Leumi Le-Israel Ltd. and Israel Discount Bank Limited Class A (MZTF-IL, LUMI-IL and DSCT-IL) that have also reported for ... Read more (Read more...)