Warbug Pincus Buys Leumi Card for $680 Million

March 28th 2019

Tadmor Levy has represented leading credit card issuer, Leumi Card, since its inception, advised on its ILS 2.5 billion transaction, in which all of the holdings of Bank Leumi and Azrieli group were sold to the Warburg Pincus Fund and other investors.

Advs. Opher Levy, Amir Scharf and Dr. Ophir Nave, together with Nava Karavany, Michal Lev Shabtay, Oded Levy, Irit Brodsky, Ricky Brenner, Guy Fuchs and Meital Buhbut-Yaniv represented Leumi Card throughout the different stages of the transaction, from the Issue & Operate Agreement with Bank Leumi, to completion of sale.

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