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Nofar Energy Announces 400 Million NIS Merger Proposal

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Nofar Energy Announces 400 Million NIS Merger Proposal

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Nofar Energy ( (IL:NOFR) ) has issued an announcement.

Nofar Energy Real Estate has announced a general meeting of shareholders to approve a merger involving their real estate assets, excluding those in the economic zone. The estimated value of the merger is 400 million NIS, which signifies a strategic move to consolidate their real estate holdings.

More about Nofar Energy

YTD Price Performance: 0.01%

Average Trading Volume: 33,035

Current Market Cap: ILS3.3B

Learn more about NOFR stock on TipRanks’ Stock Analysis page.

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