Osem, Paz to replace IDB Development, Clal in TA-25


TEL AVIV, June 19 (Reuters) - Israeli holding company IDB Development and its subsidiary Clal Insurance Enterprises Holdings will be removed from the Tel Aviv Stock Exchange's blue-chip TA-25 index , the bourse said on Thursday. Kardan NV will also be removed. In their place, fuel company Paz Oil , food maker Osem Investments and Delek Automotive Systems will join the index. Osem is 53.8 percent controlled by Swiss food maker Nestle . Delek Automotive, a subsidiary of conglomerate ...

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