Meitav Investment House wins tender offer, moves to take Peninsula private

Reuters2026/07/21 16:04

By:Reuters

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Meitav Investment House will take Peninsula private, lifting its stake to 100% via a full exchange tender offer and compulsory acquisition.
Offerees tendered 16,122,787 Peninsula shares, or 7.21% of outstanding stock, by the July 20, 2026 deadline.
Total consideration: 697,900 Meitav shares issued from treasury for 26,869,144 Peninsula shares, at 1 Meitav share per 38.5 Peninsula shares.
Peninsula shares will be delisted from the Tel Aviv Stock Exchange; the company will remain a reporting corporation due to outstanding bond series.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meitav Investment House Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607211204PR_NEWS_USPR_____LN09135) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Meitav Investment House wins tender offer, moves to take Peninsula private

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