Meitav Investment House Offers to Acquire All Shares of Peninsula in Non-Bank Credit Segment
Meitav Investment House (TASE: MTAV) has launched a tender offer to acquire all shares of Peninsula, a subsidiary operating in the non-bank credit segment. The offer involves exchanging one Meitav share for every 42.17 Peninsula shares. If the offer is fully accepted, Peninsula will become a private company and be delisted from the Tel Aviv Stock Exchange.
Topics: acquisition corporate restructuring non-bank credit stock delisting tender offer