Ackman Ramps Up Israel Support With Stake in Tel Aviv Bourse (1)

Bill Ackman and his wife Neri Oxman have bought a stake in the Tel Aviv bourse, one of the most prominent investments in Israel since its war with Hamas erupted.

Ackman, 57, who has railed against a rise in antisemitism since the Hamas attacks and Israel’s subsequent retaliation, and Oxman are buying 5% of Tel Aviv Stock Exchange Ltd. The deal is part of a roughly 18.5% stake sale to foreign and local investors for 353 million shekels ($95 million), meaning the couple would have paid $25 million, according to calculations by Bloomberg.

“Owning an exchange in a country with ...