TASE:PHOEInsurance
Phoenix Financial (TASE:PHOE): Valuation Check After Strategic $5 Billion Credit Partnership With Blackstone
Phoenix Financial (TASE:PHOE) just unveiled a strategic partnership with Blackstone, committing up to 5 billion dollars across corporate, real estate, and asset based credit, a move that could reshape its long term earnings mix.
See our latest analysis for Phoenix Financial.
The move comes after a powerful run, with Phoenix Financial posting a roughly 36 percent 3 month share price return and a standout 5 year total shareholder return of about 714 percent. This suggests momentum is still very...