Economy · Full coverage
Jeremy Blanke Sells Bazan Shares Worth $25 Million
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By מירב ארד
First reported by Globes · 20 hours ago
What happened
Jeremy Blanke's Community fund has sold approximately 1.6% of its Bazan shares for about 100 million shekels, reducing its stake to 4.9%. The sale follows a significant rise in Bazan's stock price and strong financial results driven by high refining margins.
- 01Jeremy Blanke's fund sold Bazan shares worth 100 million shekels.
- 02The fund's stake in Bazan decreased to 4.9% after the sale.
- 03The sale follows a 160% rise in Bazan's stock this year.
- 04Bazan reported a $260 million profit in Q2 due to high refining margins.
- 05The fund had previously invested when Bazan shares were lower.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Related stories
Israel's Bazan Oil Refineries Posts Strong Q2 Profit Amid Energy Market Turmoil, Declares DividendAug 12, 2026Bazan Chairman Warns Investing in Israel Amid Uncertainty Is Irresponsible to InvestorsAug 12, 2026Shikun & Binui Controlling Shareholder Sells $120 Million Stake, Vows No Further SalesSep 6, 2026Bazan Oil Refineries Demands Over $5 Billion for Haifa Bay EvacuationSep 2, 2026Altshuler Shaham Finance Nears Control Sale for $275 Million3 days agoShikun & Binui Stake Sold for $120 Million, Stock DipsSep 3, 2026