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Israel Acquisitions Corp shares fall 4.36% intraday as Norway's sovereign wealth fund divests from Israeli companies.
ByAinvest
Tuesday, Aug 12, 2025 12:29 pm ET1min read
Israel Acquisitions Corp. dropped 4.36% intraday, with Norway's sovereign wealth fund announcing its divestment from 11 Israeli companies and terminating all contracts with external managers in Israel due to public outcry over investments linked to the war in Gaza. The fund, which is the world's largest, expects to sell more Israeli stocks over the situation in Gaza and the West Bank, which has led to a worsening humanitarian crisis.
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