SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
REPORT
OF FOREIGN ISSUER
PURSUANT
TO RULE 13a-16 OR 15b-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the month of September, 2017
IRSA
Inversiones y Representaciones Sociedad
Anónima
(Exact name of
Registrant as specified in its charter)
IRSA
Investments and Representations Inc.
(Translation of
registrant´s name into English)
Republic
of Argentina
(Jurisdiction of
incorporation or organization)
Bolívar
108
(C1066AAB)
Buenos
Aires, Argentina
(Address
of principal executive offices)
Form 20-F ⌧ Form 40-F ☐
Indicate by check
mark whether the registrant by furnishing the information contained
in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes ☐ No
⌧
IRSA
INVERSIONES Y REPRESENTACIONES SOCIEDAD
ANÓNIMA
(THE
“COMPANY”)
REPORT
ON FORM 6-K
Attached is the
English translation of the summary of the letter dated September 5,
2017, filed by the Company with the Bolsa de Comercio de Buenos Aires
and the Comisión Nacional de
Valores.
By letter dated
September 5, 2017, the company reported that our subsidiary IDB Development Corporation
("IDBD") has reported to the market that it has received a
non-binding offer from Huabang Financial Holdings Limited to
acquire its entire stake in Clal Insurance Enterprise Holdings Ltd.
( "Clal"), representative
of 44.9% of its share
capital.
The amount to be paid will be the equivalent to Clal's equity that
results from its Financial Statements as of the time
of the transaction. As of June 30, 2017, this value amounted an
approximate sum of NIS 4.88 billion.
The transaction is subject to due diligence by the buyer for a
period of 60 days from the signature of the memorandum of
understanding and signature of a binding agreement between the
parties, among other requirements.
In addition, the completion of the transaction is subject to the
regulatory approval of the Capital Market, Insurance and Savings
Market Commission of the Israeli Ministry of Finance.
SIGNATURES
Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.
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IRSA
Inversiones y Representaciones Sociedad
Anónima
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By:
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/S/ Saúl
Zang
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Name: Saúl
Zang
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Title: Responsible
of relationship with the markets
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Dated: September 5,
2017