Mizrahi Tefahot to Buy Union Bank
Categories: Corporate and M&A
EBN representsed Bank Mizrahi-Tefahot in its acquisition of Bank Igud (Union Bank), at a company valuation of NIS 1.4 billion. In the contemplated transaction, Bank Mizrahi-Tefahot will acquire 100% of Bank Iguds’ shares through share exchange by way of a full tender offer. Bank Mizrahi-Tefahot was represented by EBN Partners Doni Toledano, Lior Oren, Hagar Guri and by associates Irina (Iris) Kushel, Eyal Wiesel, Yoav Tal, Jonathan Kahana and Rimon Refaeli.
