Israel Canada (T.R) Ltd (TASE:ISCN) and The Nakash Group acquired Minrav Projects Ltd. from Minrav Holdings Ltd. (TASE:MNRV) and others for ILS 550 million on December 17, 2019. Portofino Investments Ltd. acted as financial advisor to all the parties in the transaction.

Israel Canada (T.R) Ltd (TASE:ISCN) and The Nakash Group completed the acquisition of Minrav Projects Ltd. from Minrav Holdings Ltd. (TASE:MNRV) and others on December 17, 2019.