Shareholders Bought Haaretz Stock Owned by M. DuMont Schauberg

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Haaretz building in Tel Aviv
Haaretz building in Tel AvivCredit: Tomer Appelbaum

Announcement from Haaretz management:

Members of the Schocken family – Racheli Edelman, Amos Schocken and Hillel Schocken – along with Leonid Nevzlin, today purchased, via a holding company, all of the Haaretz stock owned by M. DuMont Schauberg (20 percent). Following the purchase, shares in Haaretz are now held, via holding companies, by the Schocken family (75 percent) and Leonid Nevzlin (25 percent).

The Schocken family and Haaretz were represented in the deal by the Zeev Liond & Co. law firm; Leonid Nevzlin was represented by Attorney Yaniv Rehany; and M. DuMont Schauberg was represented in Cologne by Dr. Sebastian Kalb of Loschelder Rechtsanwälte and in Israel by Attorney Amir Fisher of the Shibolet & Co. law firm.