Congratulations to Elbit Systems for completing, yesterday, the acquisition of IMI Systems, for NIS 1.8 billion.

This privatization transaction was one of the largest most complicated ones in Israel in general and in the defense sector in particular. The completion of the transaction followed a long, intricate, process, with the signing by the Minister of Finance and the Prime Minister, of the permit for the assumption by Elbit of the control over IMI Systems.

Elbit was represented by Advocates Zvi Firon. Jacob Enoch, Dana Firon, Ron Genat and David Yaacobi

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