Clal Insurance Drops Most in Week as IDB Talks With Permira End
Clal Insurance Enterprise Holdings Ltd. (CLIS) fell the most in a week after IDB Holding Corp. said talks to sell a stake in the insurer to Permira Advisers LLP ended.
Clal shares slumped 3.4 percent, the most since Sept. 14, to 52.45 shekels at 10:45 a.m. in Tel Aviv. IDB shares slipped 0.9 percent to 49.80 shekels.
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