Prominent businessman Aaron Frenkel is set to invest NIS 680 million in one of the largest and most seasoned real estate companies in Israel Nathan Hetz is the founder of the Alony Hetz company, one of the largest real estate companies in Israel, which controls Emot and the clean energy company Energix. The company also […]
Author: Idan Nishlis
Melio, a financial technology company specialising in accounts payable and receivable for small and medium-sized businesses, has secured USD 150 million in strategic funding. This capital injection values New York-based Melio at USD 2 billion and is expected to bolster its growth initiatives and support its services tailored for business financial needs. The investment round […]
Cybersecurity giant CrowdStrike is acquiring Israeli cyber startup Adaptive Shield, from Vertex Ventures Israel, for approximately USD300m, according to various sources. This acquisition marks CrowdStrike’s fifth in Israel and its second this year. Erdinast, Ben Nathan, Toledano & Co., led by Roy Caner with Kobi Barkan, represented Vertex on the impressive sale of their portfolio […]
U.S. chipmaker Nvidia will have to seek EU antitrust clearance for its proposed acquisition of Israeli AI startup Run:ai because it threatens competition in the markets where the companies operate. Read more in Calcalist.
Israel’s cabinet has approved a NIS 607 billion budget for 2025 as well as budgetary adjustment measures totaling an additional NIS 37 billion. Read more in Globes.
Energy and Retail Group, Paz Company has finalized the sale of three key strategic properties to Egged Real Estate and Nadav B. Logistics for a total of NIS 127 million plus VAT. This triangular deal marks a significant step in Paz’s strategy to unlock value from assets not essential to its core operations, redirecting focus […]
Israel’s national water company, Mekorot reported a successful bond issue: almost 3 times the planned financing round. Goldfarb Gross Seligman advised Mekorot, with the transaction led by Esther Koren, Chairperson and Head of the Department, partners Yifat Sheftel Ben-Zvi and David Ullstein, and advocates Shelly Barad Levy and Ofri Halevi.
Lipa Meir & Co.’s Environment and Climate Department successfully represented the Association of Cities for the Environment of the Ashkelon District in an administrative petition challenging the permit expansion for crude oil storage and transportation at EAPC fuel farms in Ashkelon. In collaboration with six environmental organizations, the court approved their involvement as “friends of […]
A group of purchasers, including Psagot Equity, Carmel Credit, and Sigma-Clarity, signed a definitive agreement to acquire 100% of the shares of Tel Aviv Stock Exchange member Psagot Securities and the “Psagot” brand from Psagot Group for Finance and Investments Ltd., which is publicly traded on the TASE. The deal signifies a major milestone in […]
Menora Mivtachim Holdings Ltd., an Israeli insurance and finance group, has finalized a deal to acquire a controlling stake in Isracard after a protracted battle for control of the Israeli credit card company. Erdinast, Ben Nathan, Toledano & Co. advised Isracard, led by Doni Toledano and Dalia Tal, with additional partners and lawyers from the corporate […]
