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Thursday, January 17, 2008

Insiders buy real estate shares as TASE slides

Shari Arison, Nochi Dankner, Yitzhak Tshuva, Alfred Akirov, and Mordechai Zisser are among the controlling shareholders buying up shares in their companies.

A number of controlling shareholders in Tel Aviv Stock Exchange (TASE) listed companies have been exploiting the falls in share prices to buy up shares, either themselves or through holding companies. The weakness in international markets in the past few months has not spared the TASE.