Business in Brief
Clal Insurance buys U. Chicago property; Tel Aviv Stock Exchange drops amid war and Q2 reports.
Clal Insurance buys U. Chicago property
Clal Insurance bought a building from the University of Chicago for 400 million shekels ($112 million), as part of its expanding real-estate portfolio. The building is located on the main street in Chicago’s Hyde Park neighborhood, where U.S. President Barack Obama lives. Like many Israeli insurers Clal, part of the IDB group, is expanding its real...
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