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Bill Ackman, Neri Oxman buy stake in Tel Aviv Stock Exchange

Bill Ackman, Neri Oxman buy stake in Tel Aviv Stock Exchange
Photo: Michael Bezjian/Brand Innovators

Hedge fund billionaire Bill Ackman and designer wife Neri Oxman have taken a stake of about 4.9% in the Tel Aviv Stock Exchange.

The Israeli stock-exchange operator said on 24 January that it will receive approximately 242 million shekels ($64.4m) in net proceeds from a secondary offering of shares, which included other investors in addition to Ackman and Oxman.

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