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Leumi Partners

Investor Israel Founded 1980
Last Update Apr 6, 2025

Leumi Partners News

1 article
Jun 11, 2025 · www.calcalistech.com
growth-positive
After regulatory pushback, a new $190M plan avoids control stakes and aims to sidestep Competition Authority scrutiny.
Leumi Partners and Pango are leading a new acquisition deal for Gett, valued at $190 million, with five investors each holding a 20% stake, avoiding control stakes to sidestep regulatory scrutiny. This follows Pangos withdrawal from a previous merger due to Competition Authority opposition. The new structure is expected to bypass regulatory hurdles and increase Getts valuation, making it more appealing to existing stakeholders. Getts largest shareholder is VNV Global, and the company has raised $900 million over the years. The deal is seen as preferable to a potential sale to Fortissimo, which would face similar regulatory challenges.
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