Hapoalim revealed as interested party with 5.03% stake in Gazit Globe
Clal Insurance, Migdal also own interests greater than 5% in the real estate company
The bank now owns 5.03% of Gazit Globe, which invests in real estate mainly outside Israel.
Bank Hapoalim achieved its shareholding through its mutual funds and provident funds. The actual transaction that lifted its shareholding beyond 5%, into the realm where the holding must be reported, was last week, when a fund bought 30,000 shares for NIS 46.30 each.