bank of jerusalem (JBNK:Tel Aviv)
Transactions by BANK OF JERUSALEM (JBNK) in the last 6 months
Bank of Jerusalem Ltd. (TASE:JBNK) made a tender offer to acquire Dexia Israel Bank Ltd. (TASE:DXIL) for approximately ILS 330 million in cash and stock on December 16, 2014. Under the terms of transaction, for 60% stake, the consideration will be ILS 326 million while for the remaining 40% stake, Bank of Jerusalem will issue its shares, representing 31% stake in it, at a ratio of 1:1 from the share capital. Under the mechanism to be established, each shareholder in ...
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