Gazit-Globe (GZT) announced the closing of its public offering of 10.4 million shares at a price of NIS 47.9 per share or approx. US$13.25 per share.
The company said the gross proceeds are about NIS 500 million or approx. US$138 million.
Gazit-Globe stated that it intends to use the proceeds from the offering for general corporate purposes and to reduce outstanding lines of credit.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.