tiprankstipranks
Trending News
More News >

I.B.I Investment House Ltd Increases Stake in More Invest

Story Highlights

An update from More Invest ( (IL:MRIN) ) is now available.

I.B.I Investment House Ltd, incorporated in Israel and trading on the Tel Aviv Stock Exchange, has become an interested party in More Invest due to a stock purchase. This transaction enhances I.B.I’s stake to 5.14% equity and voting rights in More Invest, potentially influencing the company’s governance and strategic direction. The acquisition underlines I.B.I’s increased involvement in the financial sector and could impact stakeholder confidence and market dynamics.

More about More Invest

More Invest is a financial company whose securities are listed for trading on the Tel Aviv Stock Exchange. The company is involved in investment management and financial services, and its controlling shareholders are David Weisberg, Zvi Lubetzky, and Emmanuel Cook, all Israeli citizens.

YTD Price Performance: -2.15%

Average Trading Volume: 77,297

Current Market Cap: ILS1.08B

See more data about MRIN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App