Perrigo has reached a definitive agreement to sell its Generic Rx Pharmaceuticals business to Altaris Capital Partners LLC for USD 1.55 billion, including USD 1.5 Billion in cash, it was announced this week. A longstanding U.S. pharmaceutical manufacturer, Perrigo is listed on the TASE. Altaris Capital Partners, LLC is an investment firm focused exclusively on […]
Author: Idan Nishlis
The U.S. private equity firm is acquiring the genealogy platform for USD 600-700 million, according to sources’ estimates. Founded in 2003 by CEO Gilad Japhet, the company raised $49 million in five financing rounds, the last of which was in 2012, and since then it has been profitable. Investors in the company include Accel Partners, […]
Last Friday (February 19th), President Biden recommitted theUnitedStates to the Paris Climate Agreement. Climate change and renewable energy are firmly back on the map. With UK Prime Minister Boris Johnson looking to “turn Britain into the Saudi Arabia of wind” and Israel building some of the most cutting-edge solar farms in the world, we explore the current state of play […]
A precedent-setting case has shown how recovering stolen digital assets may now be even easier than traditional asset recovery. Kobre & Kim’s Benjamin Sauter, who took part in that case, spoke with Forkast News about the case’s impact on the wider industry. In the case, Dooga, a UK digital currency exchange then known as Cubits, lost US […]
Bryan Cave Leighton Paisner (BCLP) hosted a webinar discussing the ‘SPAC’, with speakers from leading investment bank Houlihan Lokey. Richard de Rose and Andy Stull of Houlihan Lokey joined our panel alongside BCLP Partner Amy Taylor Wilson, and discussed the commercial considerations of choosing a SPAC and the business implications in contrast to a traditional […]
Yigal Arnon and Sidley Austin advise Palo Alto Networks on USD 156 million Bridgecrew acquisition, the seventh company bought by the Silicon Valley cyber powerhouse. Palo Alto Networks was represented by partners Barry Levenfeld and Ben Sandler of Yigal Arnon. The acquisition will enable the American cybersecurity giant’s Prisma Cloud to provide developers with security assessment […]
Cyren announces USD 12.5 million registered direct offering of ordinary shares. Cyren entered into securities purchase agreements with several institutional investors for the purchase and sale, in a registered direct offering, of 12 million of its ordinary shares at a purchase price of USD1.15 per share for net proceeds of USD 12.5 million. The offering […]
Gornitzky advised Razor Labs on its IPO on the Tel Aviv Stock Exchange, raising approximately NIS 115 million in the process and reflecting a company valuation of approximately NIS 500 million. Established in 2016, Tel Aviv-based Razor Labs specializes in AI technology and it operates in the field of customized artificial intelligence solutions for organizational […]
Gross Law Firm (GKH) represented Mekorot Israel National Water Co. on a successfully raising NIS 1.1 Billion in bonds. This is an expansion of two existing series – the demand was NIS 2.5 billion; The government water company, under Eli Cohen, is expected to invest NIS 1.5 billion this year in a number of projects […]
Altshuler Shaham has acquired Psagot from Apax for NIS 910 million, with any potential merger between Psagot and Altshuler Shaham would require approval from the regulatory authorities including the Israel Competition Authority, the Israel Securities Authority and the Ministry of Finance Supervisor of the Capital Market, Insurance and Savings. Altshuler Shaham Investment House is expected […]

