Gornitzky represented Jefferies, which acted as Sole Global Coordinator and lead underwriter, for Max Stock Ltd.’s NIS 621 million (approximately USD 180 million) IPO on the Tel Aviv Stock Exchange. The IPO entailed a public offering in Israel alongside a Rule 144A/Reg. S global offering, and comprised a 100% secondary sale. It was the second global equity offering on the TASE ever.
Max Stock is a leading high-growth, extreme value retailer in Israel, offering a broad assortment of quality everyday essential items at discount prices.
Jefferies was represented by partners Chaim Friedland, Yair Shiloni and Ari Fried, along with associates Itamar Ben Yehuda, Netanel Kahane, Danielle Skald, Gil Palkovic, Dafna Sidkiyahu, Nir Moses and Lilach Shamir.