February 13, 2025

Keystone Fund Completes Another Acquisition of Egged Shares for Approximately NIS 830 Million

Congratulations to our client, @Keystone, on completing the acquisition of an additional 18% stake of Egged shares for approximately NIS 830 million. This transaction also secured financing for the purchase of the remaining founder shares under the second option, expected to be executed next year, for up to NIS 600 million. Thank you to Keystone’s professional team for their trust and the opportunity to support them in this strategic and complex transaction, which combined aspects of M&A, financing, and more.

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