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Efi Properties operates in Israel in the field of rental offices, and at the same time operates in Eastern Europe in the various income-producing real estate fields, with Big currently holding 66.4% of its shares. In addition, Efi Properties also operates in the construction and sale of residential apartments.
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So how will the takeover bid be made? This is currently the purchase of up to full shares of Efi Properties held by the public in exchange for 0.38 shares of Big, which will be allotted for each share of Efi Properties.