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An update from Jerusalem ( (IL:JBNK) ) is now available.
Bank of Jerusalem has announced its intention to acquire Isracard Ltd. through a reverse triangular merger. The bank has sent an update to Isracard, stating that after previous proposals and discussions, it does not plan to make further changes to its acquisition offer. This move is significant as it underscores the bank’s commitment to the acquisition and could have implications for Isracard’s operations and market position.
More about Jerusalem
YTD Price Performance: 1.60%
Average Trading Volume: 9,300
Current Market Cap: ILS1.3B
Learn more about JBNK stock on TipRanks’ Stock Analysis page.