Business in Brief: Electra Consumer Completes Golan Telecom Acquisition After Last-minute Snags

Isramco board approves massive dividend payout through 2019; Court orders IDB to sell first 5% block of Clal Insurance shares; Sovereign wealth fund to launch in 2020, Bank of Israel chief says; Tel Aviv Stock Exchange snaps five-session losing streak

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Stock prices flash on an electronic screen displaying world clocks at the Tel Aviv Stock Exchange (TASE) in Tel Aviv, Israel, on Thursday, Dec. 11, 2014.
Stock prices flash on an electronic screen displaying world clocks at the Tel Aviv Stock Exchange.Credit: Bloomberg

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