Rustic Bakery completes TASE IPO at NIS800m valuation
Categories: Capital Markets
Rustic Bakery Ltd. completed its initial public offering and an offer for sale by certain existing shareholders, raising approximately NIS 200 million at a pre-money valuation of approximately NIS 800 million.
As part of the transaction, approximately NIS 33.3 million of the offering proceeds were paid to shareholders participating in the offer for sale.
Arnon, Tadmor-Levy represented Rustic Bakery on the offering. The firm’s team included Moshe Pasker, Amir Scharf, Tal Jakubowicz, Romem Lavi Dahan, and Gal Tyk.
