E.S. Australia Israel Holdings Ltd (TASE:AUIS) acquired 29% stake in Aspen Group Ltd. (TASE:ASGR) for approximately NIS 260 million on September 27, 2023. Under the terms of agreement, the total consideration pursuant deal is estimated at NIS 261 million, reflecting to Aspen a NIS 900 million valuation. Shlomi Akrish, Uri Heller, Itamar Ben Yehuda, Even and Ricky Neuman of Gornitzky & Co. acted as legal advisor to E.S. Australia Israel Holdings.

E.S. Australia Israel Holdings Ltd (TASE:AUIS) completed the acquisition of 29% stake in Aspen Group Ltd. (TASE:ASGR) on September 27, 2023.