Av-Gad Company Negotiates with Phoenix for an Investment of Up to 400 Million Shekels in the Company
Attorney Udi Efron represents Av-Gad, a company specializing in urban renewal projects, in negotiations with Phoenix. According to the announcement, Phoenix will provide Av-Gad with an investment framework of around 250 million shekels for a duration of 4 years, with an option to increase the framework to 400 million shekels. The investment will be made into Av-Gad’s various project capitals. Phoenix will invest between 60% to 75% of the required project capital in each relevant project. In return, Phoenix will receive between 30% to 37.5% from each project according to the invested amount.
See more in the following article: here
Attorney Udi Efron represents Av-Gad, a company specializing in urban renewal projects, in negotiations with Phoenix. According to the announcement, Phoenix will provide Av-Gad with an investment framework of around 250 million shekels for a duration of 4 years, with an option to increase the framework to 400 million shekels. The investment will be made into Av-Gad’s various project capitals. Phoenix will invest between 60% to 75% of the required project capital in each relevant project. In return, Phoenix will receive between 30% to 37.5% from each project according to the invested amount.
See more in the following article: here
09.10.2024
The Ministry of Communications has approved a reduction in the supervision of the postal service following its privatization
READ MORE
01.10.2024
Adv. Jacob Enoch discusses the combination of arbitrations and transactions in the high-tech sector
READ MORE
04.09.2024
Adv. Dana Biran, warns of project cancellations due to rising labor costs in the construction industry
READ MORE
19.09.2024
Amendment 13 to the Privacy Protection Law requires a reassessment of the approach to privacy protection laws
READ MORE
24.09.2024
DSK (Discount Investment Corporation) is selling 4.9% of its shares in Gav-Yam for 310 million shekels.
READ MORE
27.09.2024
Adv. Tami Firon addressed the severe crisis in the construction industry and the labor shortage
READ MORE
12.09.2024
The Duns 100 Forum for senior executives in the legal field, specializing in commercial litigation
READ MORE
23.08.2024
