Bill Ackman and Neri Oxman Acquire 5% Stake in Tel Aviv Stock Exchange

The $25 million investment marks Ackman's first major foray into Israel amid ongoing conflict and his campaign against campus antisemitism.

Bill Ackman and his wife, Neri Oxman, have purchased a nearly 5% stake in the Tel Aviv Stock Exchange (TASE), marking Ackman's first major investment in Israel since the conflict with Hamas began.
The purchase was part of a secondary offering of 18.5% of TASE's shares, which sold at 20.60 shekels per share, totaling around $95 million.
The TASE plans to use the net proceeds from the offering to invest in its technology infrastructure.
Ackman, a vocal supporter of Israel, has been critical of how US universities have addressed antisemitism on campuses, particularly at Harvard University.
Shares in the TASE jumped as much as 9.4% following the announcement of the stake sale.