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Representing Isracard Ltd
Congratulations to Isracard Ltd., Israel’s largest credit card company, for entering into a merger agreement for its acquisition by Harel Insurance Services and Financial Investments Ltd., Israel’s largest insurance group, for a consideration of approximately NIS 3 billion.
At closing, Israrcard will become a private company wholly owned by Harel.
Our firm represented Isracard together with Adv. Dalia Tal. On behalf of EBN, the transaction was led by Doni Toledano, Shay Dayan, Nitzan Aberbach, Irina (Iris) Kushel and Alon Abramovich of the M&A and Corporate practice, Moty Yamin, Yonatan Haimi Erenriech and Shaked Yehiel Sorek of the Capital Markets and Securities practice, Michal Rothschild of the Antitrust & Competition practice, Miriam Kleinberger-Attar and Noa Bar-Shir of the Labor Law and Employment practice, Dr. Eran Lempert and Tal Alon of the Tax practice, and Lior Etgar of the Data Protection and Privacy practice, together with the interns Chen Balaban and Yarden Biton.
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