January 02, 2013

Gornitzky represents Hadas Arazim Investment House in their merger with Halman-Aldubi.

Gornitzky & Co. represented Hadas Arazim Investment House, in a merger transaction with Halman-Aldubi, subsequent to which the joint investment house will manage assets and investment in the scope of approximately USD 5 billion.

The transaction included the transfer and sale of shares in Hadas Arazim’s subsidiaries, the merger of Hadas Arazim’s provident funds management company with Halman Aldubi’s provident funds management company and the refinancing of bank loans.

Hadas Arazim was represented by Chaim Friedland (Partner), Timor Belan (Partner) and Inbal Ravid-Badner.

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