IDB Development Corporation Limited sold 5% stake in Clal Insurance Enterprises Holdings Ltd. (TASE:CLIS) for approximately ILS 170 million on January 1, 2018. Following the deal, IDB Development Corporation holds 39.8% of Clal Insurance Enterprises Holdings. IDB Development Corporation Limited completed the sale of 5% stake in Clal Insurance Enterprises Holdings Ltd. (TASE:CLIS) on January 1, 2018.