(Updates with closing share price in second paragraph.)
Jan. 15 (Bloomberg) -- Migdal Insurance & Financial Holding Ltd. rose the most in more than two years after it said controlling shareholder Assicurazioni Generali SpA received bids for a holding in the Israeli company.
The shares climbed 5.9 percent to 5.70 shekels, the most since August 2009, at the 4:30 p.m. close in Tel Aviv.
--Editors: Claudia Maedler, Inal Ersan
To contact the editor responsible for this story: Claudia Maedler at firstname.lastname@example.org