We are proud to have represented Prime Energy in its strategic merger with Lahav Energy, executed via a stock swap transaction.
This merger is set to establish a leading public company in the fields of renewable energy and energy storage, combining the operations of Prime Energy with Lahav Energy, a subsidiary of Lahav Infrastructure, part of the Lahav L.R. Group.
Under the agreement, independent valuations determined a fair value of approximately NIS 423 million for Prime Energy and NIS 98 million for Lahav Energy.
We would like to thank our teams from the Securities and Capital Markets, M&A, and Competition & Antitrust departments for their exceptional work on this transaction.
Read more about the transaction on The Marker, BizPortal and Sponser
