Av-Gad Company Negotiates with Phoenix for an Investment of Up to 400 Million Shekels in the Company
Attorney Udi Efron represents Av-Gad, a company specializing in urban renewal projects, in negotiations with Phoenix. According to the announcement, Phoenix will provide Av-Gad with an investment framework of around 250 million shekels for a duration of 4 years, with an option to increase the framework to 400 million shekels. The investment will be made into Av-Gad’s various project capitals. Phoenix will invest between 60% to 75% of the required project capital in each relevant project. In return, Phoenix will receive between 30% to 37.5% from each project according to the invested amount.
See more in the following article: here
Attorney Udi Efron represents Av-Gad, a company specializing in urban renewal projects, in negotiations with Phoenix. According to the announcement, Phoenix will provide Av-Gad with an investment framework of around 250 million shekels for a duration of 4 years, with an option to increase the framework to 400 million shekels. The investment will be made into Av-Gad’s various project capitals. Phoenix will invest between 60% to 75% of the required project capital in each relevant project. In return, Phoenix will receive between 30% to 37.5% from each project according to the invested amount.
See more in the following article: here
30.03.2025
The Legal 500 ranking guide has recognized our firm as a leader in 22 practice areas, with 57 individual rankings
READ MORE
29.04.2025
The Bar family, controlling shareholders of Tempo, acquired 30% of Bareli Group for over NIS 300 million
READ MORE
10.04.2025
Peamit Group is acquiring Zohar Dalia, based in Kibbutz Dalia, through its subsidiary, Kamart
READ MORE
02.04.2025
