Gornitzky & Co. represented Osem Investments Ltd. (TASE: OSEM, a part of the Nestle group) in a motion to deny an urgent petition by one of Osem’s shareholders to grant temporary relief, for the purpose of postponing the date on which the general meeting of Osem’s shareholders is scheduled to take place (March 17th, 2016). The meeting’s agenda will include the approval of the reverse triangular merger between Osem and Nestle, in which Nestle is expected to purchase public holdings in Osem, which in turn will become a private company under Nestle’s full ownership.
Osem Investments Ltd. was represented by Adv. Noam Ronen (Partner) and Adv. Tom Alkalay