Betili Issue Oversubscribed by 50%

The furniture, housewares and carpet retail chain raised NIS 10 million in today’s TASE flotation.

Today’s Betili IPO on the TASE was oversubscribed by 50%. At this posting, the closing price had not yet been determined but many orders were filled at prices above the minimum rate.

The furniture, housewares and carpet retail chain raised NIS 10 million in today’s flotation, of which NIS 3 million was raised from company employees.

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