Mr. Haim Dor to acquire BATM Advanced Communications Limited

Mr. Haim Dor has agreed to acquire BATM Advanced Communications Limited in an asset sale valued at USD 36.6 million. The consideration for this transaction includes both cash and deferred payment components. The deal was announced on 22 June 2026, with the target and buyer both based in Israel within the Technology sector. This arrangement represents a firm intention to proceed with the acquisition of the specific assets of the target company.

The transaction remains subject to the completion of all necessary legal and regulatory requirements before finalisation. As the deal is currently at the firm intention stage, the completion date has not yet been confirmed. No further details regarding the specific assets or the exact timing of the closing have been disclosed at this time. The parties are expected to finalise the necessary documentation to facilitate the transfer of ownership.