Naschitz Brandes Amir advised Urbanica (Palo) Retail Ltd., part of the Castro-Hoodies Group, on its initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE).
The IPO raised approximately NIS 410 million from leading institutional investors, representing the sale of approximately 29% of the company’s shares and reflecting a post-money valuation of approximately NIS 1.4 billion.
The Naschitz Brandes Amir Capital Markets team was led by partners Yoni Feuchtwanger and Roi Turgheman, with support from associates Sahar Elimelech and Elad Amir.