Shaul Elovitch bought shares for tens of millions of shekels.
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) Shaul Elovitch today bought tens of millions of shekels of shares in the company on controlling shareholder the market through B Communications Ltd. (Nasdaq:BCOM; TASE: BCOM).
A capital market source told "Globes" that, in addition to Elovitch, a foreign institutional investor also bought a block of shares for tens of millions of shekels. At 2:30 pm, an unusual trade worth NIS 90.4 million was placed, at a share price of NIS 10.05.
Bezeq's share price rose 3.2% today to NIS 10.07.
Published by Globes [online], Israel business news - www.globes-online.com - on March 10, 2011
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