Megadeal for Yaakov Atrakchi: Purchases 'Beit BaKfar' for NIS 1.7 Billion

Aura Israel, owned by Yaakov Atrakchi, is acquiring 100% of the shares of Beit BaKfar, one of Israel's oldest assisted living companies, in a deal worth NIS 1.7 billion. The consideration includes NIS 1.15 billion in cash and NIS 550 million in Aura shares, based on a company valuation of NIS 5.5 billion. The acquisition will add 975 existing housing units and reserves for 884 additional units across three projects to Aura. Upon completion, Beit BaKfar will become a private company under Aura's control.

Aura Israel, owned by Yaakov Atrakchi, is acquiring 100% of the shares of Beit BaKfar, one of Israel's oldest assisted living companies, in a deal worth NIS 1.7 billion. The consideration will include NIS 1.15 billion in cash and NIS 550 million in Aura shares, based on a company valuation of NIS 5.5 billion. The acquisition will add 975 existing housing units and reserves for the construction of 884 additional units across three projects to Aura. Upon completion of the deal, Beit BaKfar will become a private company under Aura's control.