Yad2 Deal Announcement: Bezeq’s Walla! Sells Leading Classifieds Site to Axel Springer Digital Classifieds

We are delighted to announce that Walla!, Israel´s most prominent web portal and fully owned subsidiary of telecommunications giant Bezeq, has sold its leading classifieds site Yad2 (Yad2.co.il) to Axel Springer Digital Classifieds for a consideration of $228 million.
NOAH Advisors acted as exclusive financial advisor to Yad2 and its shareholders on the transaction.

Please refer to the brief case study for further details on the deal.