There has been widespread speculation on the performance of the high-tech sector in the current climate, but the landscape in 2022 still showed strong and positive signs. While the numbers were down on a record-breaking 2021, they were considerably up on 2020 (and showing promise early in 2023). In 2022, There were 100 exits, 66% higher [...]
This past week saw a milestone class action come to an end and a landmark transaction completed. The Israeli Supreme Court rejected an appeal to certify a class action against the holders of the "Tamar" gas reservoir. Agmon & Co. Rosenberg Hacohen & Co. represented the defendants in the largest class action by damages, which [...]
Wishing all our friends, colleagues and clients a successful and happy new year, and if 2023 follows how 2022 finished, the signs are promising, across multiple sectors. In fact, the Economist ranked Israel as the fourth best performing economy in 2022. Recently, Israeli businessman Aaron Frenkel bought 11% of the Tamar gas reservoir in Israel for USD 520 [...]
This week, Yahoo and Taboola signed an exclusive 30-year commercial agreement after Yahoo became the largest shareholder in the Israeli content recommendation company. This huge deal saw Paul, Weiss, Rifkind, Wharton & Garrison LLP and Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron act for Yahoo, while Davis Polk & Wardwell LLP and Meitar represented Taboola. In [...]
Nishlis Legal Marketing, a leading global marketing and communications consultancy, welcomes London-based Eleni Chalkidou to its rapidly expanding team. Eleni joins Nishlis Legal Marketing as Director of Strategic Communications.CEO of Nishlis, Idan Nishlis, said: "Eleni's established track record of success in Journalism, strategic communications, and law, is second to none. She will be a huge [...]
Cross-border deals are not slowing as the end of the year approaches. France’s RGreen has invested €250 million in Israeli renewables developer Econergy, which plans to roll out more solar and wind projects across Europe. EBN advised Econergy in this milestone investment. U.S. multinational Palo Alto Networks, represented by Arnon, Tadmor-Levy, is buying Israeli cybersecurity company Cider [...]
As time ticks on toward Israel's general election, the business news is heavily international this past week. Israel and Lebanon have signed a landmark agreement on the maritime border as gas explorations at the Karish Gas field get underway. As Israel-Morocco relations are also come under the spotlight, Ginegar Plastic Products Limited has signed an agreement to [...]
With the peak season of Jewish holidays behind us, it's very much business as usual as we head towards year-end. Davis Polk & Wardwell and Agmon & Co. Rosenberg Hacohen & Co. advise NewMed Energy in a transaction to create one of the largest upstream energy independents listed in London. Meitar act as local counsel to KIRKBI A/S [...]
In this meaty edition of IsraelDesks Magazine, we take a deep dive into the Life Sciences landscape in Israel, speaking with thought leaders from Greenberg Traurig, Dechert, Lipa Meir & Co., Gornitzky, S. Horowitz & Co. as we learn more about the latest deals, the drivers behind the industry, the role of VC, and where we [...]
In a week that saw a range of anniversaries and key dates, the UAE Foreign Minister landed in Israel to mark the two-year anniversary of the Abraham Accords, and Herzog Fox & Neeman celebrated its 50th birthday. As we gear up for Rosh Hashana and the dipping of apple and honey, there were some sweet moments this [...]
