Transactions

Property and Building Corp. Ltd. (PBC)


June 16, 2022

Congratulations to our friends at Property and Building Corp. Ltd. (PBC) -Doron Cohen, CEO, Larisa Cohen, legal counsel, Baruch Itzhak, CFO- for its acquisition of Aaron Frenkel’s 37.22% stake in Gav-Yam, for NIS 3.1 billion!
We are proud to have represented PBC, including the closing of a finance agreement with Mizrahi-Tefahot Bank for approx. NIS 1 billion.
Esther Koren, head of our Corporate M&A department, led the transaction and closing, together with partner Shay Hager and partner Liraz Shaharabani Kosover (finance agreement) from the M&A department. Special thanks to Prof. David Hahn for the continued assistance and advice.

Good luck PBC and Gav-Yam!

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