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Israel Discount Bank Increases Stake in Gaon Holdings
Company Announcements

Israel Discount Bank Increases Stake in Gaon Holdings

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Gaon ( ($IL:GAON.M) ) has shared an announcement.

Israel Discount Bank Ltd. has become an interested party in Gaon Holdings due to an increase in ordinary shares through a dividend distribution in kind. This event positions the bank as a significant stakeholder with an 11.56% capital and voting share in Gaon Holdings, potentially impacting the company’s governance and strategic decisions.

More about Gaon

YTD Price Performance: 15.66%

Average Trading Volume: 1,175

Current Market Cap: ILS74.73M

For detailed information about GAON.M stock, go to TipRanks’ Stock Analysis page.

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