February 04, 2016

Gornitzky represents Osem Investments Ltd. in a “Reverse Triangular Merger”.

Gornitzky represented Osem Investments Ltd. (“Osem”), one of the leading companies in the food industry is Israel, in a substantial “Reverse Triangular Merger” pursuant to which Nestle S.A. (“Nestle”), the controlling shareholder of Osem, shall acquire all Osem’s “floating shares” (held by the public) in a cash consideration representing a valuation of NIS 9.13 Billion for Osem. Subject to the completion of the merger transaction, Osem will be delisted from TASE and become a private company wholly owned by Nestle.

Osem was represented by Lior Porat (Partner), Yair Shiloni (Partner) and Uri Heller (Associate).

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