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Bank of Jerusalem Finalizes Improved Offer for Isracard Acquisition

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Bank of Jerusalem Finalizes Improved Offer for Isracard Acquisition

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Isracard ( (IL:ISCD) ) has provided an announcement.

The Bank of Jerusalem has made an improved offer to acquire the entire share capital of Isracard through a reverse triangular merger. In their latest communication, the bank informed Isracard that no further changes will be made to their proposal, highlighting a significant step forward in the potential acquisition, which may affect Isracard’s operational dynamics and market positioning.

More about Isracard

Isracard is a financial services company primarily involved in providing credit card services and solutions. It operates in the financial industry with a focus on credit card issuance and management.

YTD Price Performance: 9.73%

Average Trading Volume: 781

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $952.4M

For an in-depth examination of ISCD stock, go to TipRanks’ Stock Analysis page.

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