Blue Square Real Estate Ltd’s Acquisition Of TLV Fashion Mall


EBN&CO represented Blue Square Real Estate Ltd, owner of one half of TLV Fashion Mall, in its acquisition of the other half.

Blue Square Real Estate Ltd., acquired the other 50% of GINDI Group’s shares in TLV Fashion mall for 225 million NIS (approx. US $65 million), and additional direct permutations such as discharging Gindi Group from prior guarantees.

The EBN&CO team was composed by Alon Binyamini (Picture), Partner and co-head of Insolvency and Restructuring group, together with attorney Asaf Skarbnik and intern Dorin Pinkas. Also, took part Michal Rothschild, Partner and head of EBN’s Competition and Antitrust department, attorney Shelley Wechselmann, and Lior Etgar advised on this monumental transaction in the sector.

Involved fees earner: Alon Binyamini – Erdinast, Ben Nathan, Toledano & Co.; Lior Etgar – Erdinast, Ben Nathan, Toledano & Co.; Dorin Pinkas – Erdinast, Ben Nathan, Toledano & Co.; Michal Rothschild – Erdinast, Ben Nathan, Toledano & Co.; Asaf Skarbnik – Erdinast, Ben Nathan, Toledano & Co.; Shelley Wechselmann – Erdinast, Ben Nathan, Toledano & Co.;

Law Firms: Erdinast, Ben Nathan, Toledano & Co.;

Clients: Blue Square Real Estate Ltd;

Author: Michael Patrini.