"Billionaire Bill Ackman and Wife Neri Oxman Acquire 4.9% Stake in Tel Aviv Stock Exchange"

Billionaire hedge fund manager Bill Ackman and his wife Neri Oxman are purchasing a 4.9% stake in the Tel Aviv Stock Exchange as part of the exchange's secondary offering, with the net proceeds intended for investment in its technology infrastructure. The purchase reflects a strong vote of confidence in the TASE and the Israeli economy. Ackman, a vocal supporter of Israel, has been critical of former Harvard president Claudine Gay and is pressing efforts to reshape the school's governance.