Our firm advised the independent committee of Zemach Hammerman Ltd., a publicly traded company listed on the Tel Aviv Stock Exchange, in a strategic merger transaction with Azrieli Group, one of Israel’s largest companies. As part of the deal, Azrieli Group will acquire all public holdings and additional shares through a reverse triangular merger, based on a total company valuation of approximately NIS 855 million. Our firm represented the committee in leading the sale process and negotiations, drafting the merger agreement, and advising on corporate governance, securities law, and other transaction aspects.
June 30, 2025
