Danya Cebus Soars Most Since 2009 on Africa-Israel Offer

Danya Cebus Ltd. (DNYA) surged the most in three years after Africa-Israel Investments Ltd. (AFIL) offered to buy the 27 percent it doesn’t already own of the construction services company.

The shares soared 29 percent, the biggest jump since January 2009, to 14.98 shekels at the 4:30 p.m. close in Tel Aviv. Africa-Israel Investments shares advanced 0.9 percent to 14.04 shekels.

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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