ERM acted for the controlling shareholders of PPHE Hotel Group in connection with the sale of part of their holdings in PPHE Hotel Group. The sale shares represent approximately 22% of the issued share capital of PPHE Hotel Group and were sold to institutional investors in Israel and the UK for an aggregate consideration of GBP 148.8M.
The transaction involved several complexities across multiple jurisdictions.
Simon Marks led the team with Amnon Epstein, Lior Aharon, and Raz Bartov
For media coverage of the transaction, please click HERE