Donitz

After selling Dan's transport operations at a profit of over 1 billion shekels, the Value-LBH fund is on its way to creating further value by merging Dan's real estate operations with Donitz. Not only will the fund benefit from the deal, which will yield a 5x return on its money, but so will a series of capital owners such as Harel Wiesel, David Fattal, and Gad Proper.

Donitz has signed a non-binding memorandum of understanding to merge with Dan Real Estate. Upon completion, Dan's shareholders will hold approximately 33% of the combined company's shares.