Portofino Investments advised Netanel group in the process of company spin-off and the split between two of its core business units, which will continue to operate as two separate publically traded companies.
The process included advisory services concerning: shareholder management, dialogue with debtors in preparation for voting meetings, as well as concerning regulatory organs such as ISA, TASE, Israel tax authorities, and more.
The split of a publicly traded firm, ending in two traded separate firms is considered unique in the Israeli market and was previously performed only a number of times.
