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Altshuler Shaham to buy Psagot for NIS 910m
Apax Partners, Sold its holdings in Psagot Investment House to Altshuler Shaham for NIS 910 million!
We are also hugely proud of our multidisciplinary team which acted for Apax: Partners Doni Toledano and Nitzan Aberbach led on this transaction, together with the broader team who handled complex regulatory, securities, and financing matters, with key roles played by associates Peter Teishev, Shani Even-Zahav, Ofri Yariv, Shaked Zeierman, Tom Lahav and legal intern Asaf Hadar; partner Dan Sella advised on financing matters; partner Michal Rothschild and associate Shelly Wechselmann advised on competition law matters and successfully secured the merger’s approval from the Israel Competition Authority, and partner Moty Yamin acted in relation to all securities law matters.
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