Migdal will invest approximately 285 million NIS in Electra Residential
We are pleased to announce that this past Thursday, an investment agreement was signed between Migdal Insurance Group, represented by our firm, and Electra Residential. According to the agreement, Migdal will invest approximately 285 million NIS in Electra Residential, acquiring approximately 18% of the company. Migdal also received an option to invest in the parent company, Electra Ltd.
The transaction was led by: Adv. Udi Efron, Co-Vice Chairman of the firm and Head of the firm’s Capital Markets: Corporations and Securities department, Adv. Gili Riesel, partner in the Real Estate Department and Adv. Sapir Bialistok Franken from the Commercial Department.
For media coverage please see: here
We are pleased to announce that this past Thursday, an investment agreement was signed between Migdal Insurance Group, represented by our firm, and Electra Residential. According to the agreement, Migdal will invest approximately 285 million NIS in Electra Residential, acquiring approximately 18% of the company. Migdal also received an option to invest in the parent company, Electra Ltd.
The transaction was led by: Adv. Udi Efron, Co-Vice Chairman of the firm and Head of the firm’s Capital Markets: Corporations and Securities department, Adv. Gili Riesel, partner in the Real Estate Department and Adv. Sapir Bialistok Franken from the Commercial Department.
For media coverage please see: here
02.04.2025
Av-Gad and Radco will collaborate on an urban renewal project in the Bavli neighborhood, with an estimated cost of NIS 120 million
READ MORE
23.03.2025
Our firm represented NetBet in negotiating a sponsorship agreement with the UFC
READ MORE
09.03.2025
Arkia has filed an administrative petition with the Administrative Court against the Israel Airports Authority and the Minister of Transport
READ MORE
07.03.2025
The CBS has raised the Construction Input Index, and developers are paying the price
READ MORE
30.01.2025
The Israeli cybersecurity company GuardKnox has filed an urgent request for a court order to initiate proceedings and temporary relief measures
READ MORE
30.01.2025
The International Data Privacy Day is a great opportunity to assess where we stand
READ MORE
24.01.2025
