Hedge Fund Billionaire Ackman & Wife Acquire 5% Stake in Tel Aviv Stock Exchange

Hedge Fund Billionaire Bill Ackman and Neri Oxman to Acquire Stake in Tel Aviv Stock Exchange

Hedge fund billionaire Bill Ackman and his wife Neri Oxman have announced their plans to purchase a nearly 5% stake in the Tel Aviv Stock Exchange (TASE), according to a press release issued by the exchange on Wednesday. The move comes as TASE revealed the pricing details for a secondary offering of 17,156,677 shares, set at 20.60 shekels ($5.50) per share.