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Share Name | Share Symbol | Market | Type |
---|---|---|---|
BlackRock Enhanced Capital and Income Fund Inc | NYSE:CII | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.06 | -0.31% | 19.43 | 19.5241 | 19.30 | 19.49 | 72,777 | 01:00:00 |
IDB Development Corp. Ltd. said Sunday it has agreed to sell 49.9% of its 60.5% stake in Clal Industries and Investments Ltd. (CII.TV) to Access Industries in an all-cash deal that values all of CII at $665 million.
Under terms of the deal, IDB will receive 16.19 Israeli shekels ($4.23) per share in cash and is a 15.6% premium based on a three-month average closing price for the shares.
After the closing of the deal, current CII Co-Chief Executive Avi Fischer will serve as CII's executive chairman.
CII is a leading Israeli investment company with investments in various industries. Access Industries is a privately held industrial group based in the U.S.
1 Year BlackRock Enhanced Capit... Chart |
1 Month BlackRock Enhanced Capit... Chart |
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