“Minrav Projects” Carried Out institutional Stage of its IPO
Categories: Capital Markets
“Minrav Projects” carried out the institutional stage of its Initial Public Offering (IPO) on the Tel Aviv Stock Exchange, and secured an amount of NIS118 million, according to a “pre-money” valuation of NIS 335 million. With approximately 1,880 housing units at various stages of development, Minrav Projects also has financial holdings in wastewater treatment plants at Ben Gurion Airport and, Be’er Sheva. Amir Assali (Partner at our firm’s Capital Markets practice group),represented Minrav Projects in the offering.
