Gazit Group continues to invest in Equity One

By Lisa Kerner

Charlotte, N.C., Nov. 13 - Gazit Group increased its ownership of Equity One, Inc. to 55.2%, from 51.3% on Oct. 24, according to a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.

The investors bought an additional 436,100 shares of Equity One between Nov. 7 and Nov. 11 for a total of $5.86 million. The average share price ranged from $12.89 to $14.11, the filing said.

Between Oct. 14 and Oct. 23, the investors bought a total of 1,531,341 Equity One shares for $25.21 million, a prior SEC filing said. The price per share ranged from $15.31 to $17.21.

Gazit Group and its affiliates collectively own 42,303,438.967 shares of Equity One, a shopping center developer based in North Miami Beach, Fla.

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