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Migdal Rises Most in Two Years as Generali Receives Bids

Migdal Insurance & Financial Holding Ltd. rose the most in more than two years after it said controlling shareholder Assicurazioni Generali SpA (G) received bids for a holding in the Israeli company.

The shares climbed 5.9 percent to 5.70 shekels, the most since August 2009, at the 4:30 p.m. close in Tel Aviv.

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

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