Representation of Alifim Insurance Agency (2002) Ltd., on the sale of 50% of the company to Menora Mivtachim Insurance Ltd. for NIS 140 million

By Michal Nissani Josefson & Ziv Schwartz & Moran Friedman & Hila Zackay | Apr 2022 | Transaction

A significant deal in the field of insurance agencies!
Congratulations to our firm’s client, Alifim Insurance Agency (2002) Ltd., on the sale of 50% of the company to Menora Mivtachim Insurance Ltd. for NIS 140 million, according to media reports.
The deal valuates Alifim, one of the largest agent houses in Israel, at approx. NIS 300 million.
Our firm’s team, led by Michal Nissani, partner in our Corporate practice, together with Ziv Schwartz, partner in the Competition & Antitrust practice; Moran Friedman, partner in the Labor & Employment practice; Tomer Zelivansky from the Corporate practice; and Hila Zackay from the Competition & Antitrust practice, accompanied Alifim in this successful transaction.
Click the link to read the full article in Globes https://lnkd.in/dv5iCA4w