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
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
