660
Shufersal Real Estate announced that it had received from the Brosh Capital Partners Fund and the JTLV Fund (owned by Amir Biram, Shlomo Gutman and Ariel Rotter) an “offer to invest in Shufersal Real Estate Ltd.” According to the offer, which was defined by the funds as indicative and non-binding, The funds will invest in Shufersal Real Estate Ltd. (“Shufersal Real Estate”), an amount estimated by them at NIS 540 million against the allotment of Shufersal Real Estate shares to funds that will capitalize, after their allotment, 15% of Shufersal’s issued and paid-up capital. Real estate, and based on various assumptions detailed in the letter.