Milgam and Phoenix Insurance to acquire Israel Postal from Israeli Ministry of Finance for $124m.

Synopsis

Milgam, a provider of comprehensive services and project management, and Phoenix Insurance, a Israeli multi-line insurance, asset management, investment, and financial services provider, agreed to acquire Israel Postal from Israeli Ministry of Finance for $124m.

Principals

target

Israel Postal Company

bidder

MILGAM

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Market Context

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Vendor Team (2)

maayan golan

Investment Banker at Rothschild & Co

Financial Advisor

vendor

Deals

£ 98 M

Total Value

doron gurevitz

Managing Director at Rothschild & Co

Financial Advisor

vendor

Deals

£ 2.34 B

Total Value

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