Deals -

ERM advised Phoenix Insurance Company

We are excited to announce that our client, The Phoenix Insurance Company, will invest up to NIS 350 million in preferred shares and an additional amount of up to NIS 150 million in ordinary shares of Powergen Ltd., which is controlled by Generation Capital Fund.

We are honored to have had the opportunity to represent the Phoenix once again with respect to a complex M&A transaction.

Our team included partners Ron Abelski, Itamar Lev Eldar, and Amnon Epstein, associate Adi Rafaeli, and intern Roni Ghouila.

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