Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Granite Gains Most on Record After Azrieli Offers Premium

Granite Hacarmel Investments Ltd. gained the most on record after Azrieli Group offered to buy the remaining shares in the marketer of petroleum and automobile products at a 20 percent premium.

Granite surged 25 percent, the biggest gain since February 1996, to 4.582 shekels at the market close in Tel Aviv. Azrieli rose 1.6 percent to 78.65 shekels. The TA-25 index advanced 0.7 percent.

Azrieli offered to pay 225 million shekels ($56 million) for the stake, or 4.40 shekels a share, according to a statement filed with the Tel-Aviv Stock Exchange. Granite Hacarmel shares closed at 3.664 yesterday.

Azrieli Group already indirectly holds about 61 percent of the company, according to the statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.