Singapore Exchange among those in race to pick controlling stake in Tel Aviv bourse

Lobby of the Tel Aviv Stock Exchange (TASE). Credit: Wikimedia Commons

The Singapore Exchange (SGX) is said to be among more than 10 foreign stock exchanges that are in the race to purchase a controlling stake in the Tel Aviv Stock Exchange (TASE), according to a Reuters report citing sources and local media.

In September 2017, the Tel Aviv bourse got demutualised and became a for-profit exchange, with the offer of buying out shareholders and listing on its own bourse in 2019.

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