Protalix CEO: "Examining the purchase option has not been frozen"
Four months later confirmed that the City hired, CEO of Protalix highlights that the sale process is not frozen, and the great deal which was signed by the Brazilian and Enbrel drug trials results increase the interest in
"The process of examining the proposals of strategic alternatives with Citibank is not frozen. Process continues to develop and has gained momentum recently," the CEO said yesterday
Dr. David Avi'ezer, in conversation with Haaretz.
"The process which we started in February 2013 after we received inquiries from several companies, more than two - three. Came to the conclusion it is our duty to shareholders is to exhaust all options, not just to respond to inquiries received. Therefore we should rent the services of an investment banker to help us manage the process" added Avi'ezer.
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