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British company interested in buying Heftsiba
Europeak petitions Jerusalem District Court asking it be allowed to perform due diligence on Heftsiba's financial records
The UK-based Europeak Group expressed an interest in acquiring the Heftsiba Construction Group, Yedioth Ahronot revealed Thursday.
Europeak had filed a motion to the Jerusalem District Court asking Heftsiba's trustee, attorney Shlomo Shahar, to disclose the necessary documents and financial records ne eded for it to perform due diligence into the company.
Owned by British Jews, the company deals primarily in real estate and intends to invest in Israeli companies.
Europeak is interested in buying Heftsiba wither as a whole or its public subsidiaries.
In its petition to the court, Europeak described itself as an international real estate developer, with financial capabilities estimated at $100 million.
The only other offer to buy Heftsiba so far was made by the SIG Group, which offered to reimburse 35% of the company's debt to its creditors.
