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 [...]
This week, we celebrate Israel’s unicorn success story with our feature and analysis taking center stage in the prestigious Legal Business magazine. Meanwhile, there is continued success for a string of Israeli companies in the past week. Meitar and White & Case advised Tufin Software Technologies Ltd. on its USD 570 million acquisition by Turn/River, represented by [...]
As the Bank of Israel raised interest rates, there has been a string of companies raising financings in the past week. Financing was closed on the NIS 2.7 billion acquisition of the Ashdod desalination facility with Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron acting for the financiers, while Gross Law Firm represented the buyers [...]
While August is often a quieter month for transactions, there was no let up as in one week, Israeli start-ups raised over USD 700 million and insurance company Clal agreed to buy credit card company Max, at a NIS 2.45 billion valuation. Gornitzky acted for Warburg Pincus, with Wachtell, Lipton, Rosen & Katz as US [...]
Another busy week headline matters and news. Thoma Bravo acquires Ping Identity for USD 2.8 Billion. Kirkland & Ellis served as legal advisor to Ping Identity with Shibolet & Co. acted as Israeli counsel. Goodwin served as legal counsel to Thoma Bravo in this monumental deal. Herzog, Fox & Neeman represented autonomous unmanned aircraft systems developer - Airbotics, in its [...]
In the backdrop of Presidents Biden's visit to Israel, two mega-transactions took place this week in the Israeli market. ironSource, represented by Meitar and Latham & Watkins, to merge with Unity Software, represented by Herzog, Fox & Neeman and Morrison Foerster in a USD 4.4 billion transaction. Haifa Port privatization tender moving forward, with consortium [...]
In this weekly roundup we list the most prominent international superstars who spearheaded landmark transactions involving Israeli parties in 2021, according the recent Legally Israel 100 and welcome new IsraelDesks member Pillsbury Winthrop Shaw Pittman LLP.Headline news include Goldfarb Seligman acting for Databand.ai in its acquisition by IBM for USD 150 million. Volvo, represented by [...]
As Israel braces itself for potentially new elections, Israeli companies remain a hot ticket at the corporate ballot box. Israel's radar maker RADA is being bought by Leonardo in a USD 670 million deal, with Herzog and Sullivan & Cromwell representing the buyer, DLA Piper and S. Friedman for RADA. In the 5G market, US [...]
Our weekly roundup focuses on large and cross-border matters that took place the past week.Property and Building Corp., represented by Gross Law Firm, has acquired Aaron Frenkel's 37.22% stake in Gav-Yam, for NIS 3.1 billion, in one of the largest private deals ever to take place on the TASE. Agmon & Co. Rosenberg Hacohen & [...]
In this week's roundup we feature a new and a soon-to-be unicorn and two landmark energy related matters. IEC, represented by Herzog, Fox & Neeman, hands over Hagit-East power plant to new owners - Shikun & Binui and Edeltech, represented by Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron. Shibolet & Co. represented OPC [...]
