Elbit Imaging Soars to Month-High as Globes Reports Buy Interest

Elbit Imaging Ltd. (EMIT) was poised to close at the highest in almost a month after Globes reported two foreign real-estate funds have expressed interest in buying a stake in the company.

The shares of the real-estate and medical holdings company soared 10 percent to 12.38 shekels at 3:20 p.m. in Tel Aviv, headed for the highest close since Nov. 9.

The report is lifting the shares, said Zach Herzog, an equity trader at Psagot Securities Ltd. in Tel Aviv.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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