The boards of directors of Jerusalem Economy Ltd. and the Industrial Buildings Corporation Ltd.’s have approved the merger between the two companies
The boards of directors of Jerusalem Economy Ltd. and the Industrial Buildings Corporation Ltd.’s have approved the merger between the two companies. The combined equity of the post merger company will be worth approx. NIS 4.6 Billion, which will make it the fifth largest real estate company in the Israeli capital market. Advocate UDI Efron, Sarit Moussayoff and Yotam Lipovetsky-Adler represented the Industrial Buildings Corporation Ltd. and its independent board committee. For more details