The Central District Court approved the recommendation of Better Place liquidators, Adv. Sigal Rosen-Rechav and Adv. Shaul Kotler, to sell all of Better Place’s operations and assets in Israel to Sunrise Group and the Association for the Promotion of the Electric Car in Israel.
The court also approved the sale of Better Place Switzerland’s intellectual property to the foregoing buyers.
The buyers will pay at least NIS 18 million for Better Place Israel’s operations and assets and at least NIS 25 million for Better Place Switzerland’s intellectual property.