Psagot Group sells parts of its business for an accumulative consideration of approximately NIS 310 million
Psagot Group sells its asset management business and in a separate transaction sells some of its mutual funds business for an accumulative consideration of approximately NIS 310 million.
Advocates Jacob Enoch, Oded Ofek, David Ya’acobi and Lihi Bachar from our Firm, recently represented Psagot Group in two transactions: the sale of its asset management business and in the sale of some of its mutual funds to companies in the Excellence Group for an overall consideration of approximately NIS 310 million.
The purpose of this transactions is to make sure Psagot Group continues to be an efficient and dynamic investment house that adjusts to market changes, by significantly reducing the company’s leveraged finance, and focusing on streamlining the Group’s operations, on development of products and services with a high growth potential.
For more details>>> click here
Psagot Group sells its asset management business and in a separate transaction sells some of its mutual funds business for an accumulative consideration of approximately NIS 310 million.
Advocates Jacob Enoch, Oded Ofek, David Ya’acobi and Lihi Bachar from our Firm, recently represented Psagot Group in two transactions: the sale of its asset management business and in the sale of some of its mutual funds to companies in the Excellence Group for an overall consideration of approximately NIS 310 million.
The purpose of this transactions is to make sure Psagot Group continues to be an efficient and dynamic investment house that adjusts to market changes, by significantly reducing the company’s leveraged finance, and focusing on streamlining the Group’s operations, on development of products and services with a high growth potential.
For more details>>> click here
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
An elderly woman was buried as if she had no family, and her relatives sued for compensation. What did the court decide?
READ MORE
17.01.2025
Assistance was sought from the Yedidim organization for a rescue – only to be followed by a lawsuit against them
READ MORE
19.01.2025
Over the past year, most real estate project financing transactions have been conducted with non-bank entities
READ MORE
13.01.2025
Internal Governance and Self-Regulation: Is This the Right Way to Address the AI Revolution
READ MORE
15.01.2025
A claim that the gift agreement was signed only for appearance – but will still be required to transfer property rights in the apartment
READ MORE
10.01.2025
Can an engagement ceremony be a binding contract, and what happens if one regrets it?
READ MORE
18.02.2025
