Media Centre

Herzog acted as Israeli counsel to Jefferies as the Global Coordinator in an international secondary offering by the Tel-Aviv Stock Exchange

25 January 2024

A secondary offering of the Tel-Aviv Stock Exchang.
We were very proud to have assisted Jefferies as the Sole Global Coordinator in a NIS 350 million secondary offering of the TASE. Notable investors in that offering included Mr. Bill Ackman and his wife, Mrs. Neri Oxman, who purchased 4.9% of the company. Mr. Ackman was quoted to state that this investment represents their support in Israel.

Nir Dash , Co-Head of our Corporate and Capital Markets department, and Ron Ben-Menachem, partner in our Capital Markets group assisted in this transaction, along with Dr. Ehab Farah (Tax) and Irit Roth (Banking). Excellent cooperation with Latham who acted as Jefferies U.S. counsel