21 05 2016

Azrieli Group acquires Buy 2 Networks Inc. for NIS 70 million

Barnea & Co. represented Azrieli Group in its acquisition of the eCommerce platform and activities of Buy 2 Networks Inc., a public company traded on the TASE.


The acquired platform and activities  provide an eCommerce platform for consumers to purchase a wide range of products. Azrieli Group Ltd is a real estate investment company. The Company's operations include real estate, mall operations, and office rentals. Azrieli Group also invests in banking and finance, high-tech start-up. The Firm, led by Arnon Toren, Yuval Bronstein, Irit Sekler Filosof, Avraham Jacoby and Ofer Avram, is based in Tel Aviv. The acquisition price is NIS 70 million. Azrieli was represented by Micky Barnea (Picture) ,Refael Kriman, Asaf Shalev and Ron Shuhatovich. Involved fees earner: Michael Barnea - Barnea & Co.; Refael Kriman - Barnea & Co.; Asaf Shalev - Barnea & Co.; Ron Shuhatovich - Barnea & Co.;

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