Menora Mivtachim

Insurance company Menora Mivtachim is acquiring 40% of the shares of the hedge fund Agility for 200 million shekels. The deal values the fund at 500 million shekels, surprising the capital market.

The international investment bank Jefferies sets a target price of 565 shekels for Menora Mivtachim shares and explains why it is the only one in the industry increasing profits in property auto insurance while competitors are struggling. What is behind the premium that Jefferies suggests for the stock, and where do the risks lie?

Alongside strong financial reports, the insurance company Menora Mivtachim is the first to officially raise its targets. The company earned 785 million shekels in the second quarter with a return on equity of 34%, higher than other insurance companies. It projects assets under management of 750 billion shekels by 2030, a 73% jump compared to the end of last year, a similar jump in profit to 3...

Menora Mivtachim concluded the second quarter with a total profit of 785 million shekels, a 10% increase compared to the same period last year. The company's return on equity rose to 24.7%.

Total profit for the half-year rose 13% to 1.25 billion shekels, adjusted profit jumped 26%, and the group distributed half a billion shekels in dividends and immediately announced another half a billion. Behind the numbers lies a new growth engine - credit - and a first perfect rating. What does all this mean for your pension savings?

Following the triumph at the Menora Mivtachim Arena, Ahavat Hashem shares his emotions regarding the success, future plans, and details of the new family business he is building with his brothers.

Israeli pride in front of thousands of spectators: Ahavat Hashem Gordon defeated John Lineker in the main event of GFN 1, held in front of full stands with the participation of fighters from Israel and abroad. His brothers, Ruach Hashem and Kivdi, also impressed with victories in the sold-out evening, which included MMA, kickboxing, and Muay Thai fights.

A bereaved brother claims that the insurance company reduced the compensation due to him after his brother's death by hundreds of thousands of shekels. The court is now examining whether the deduction was carried out legally.

Electra Real Estate, a manager of rental housing complexes in the USA, lowered its offering price and completed a 150 million shekel share issuance (approx. 6% of the company) to Menora Mivtachim and other investors. If options are exercised, the company will receive an additional 80 million shekels.