Palo Alto plans dual listing in Tel Aviv after closing $25 billion CyberArk deal
Shares of Nasdaq-listed Palo Alto Networks will also trade on the Tel Aviv Stock Exchange, the cybersecurity firm said on Thursday, after it closed its $25 billion purchase of Israeli peer CyberArk Software. Following the dual listing, Palo Alto will be the largest company by market capitalisation on the TASE, given that it is currently valued at $115 billion. The company, however, did not disclose the listing date.