Insight Partners is reportedly selling USD 1 billion worth of stakes in startups, including Wiz, to provide liquidity for its investors. As the firm approaches the close of a new fund estimated at over USD 10 billion, which is about half of its original target, it has created a continuation fund. This structure allows limited […]
Author: Idan Nishlis
Mehadrin, which is controlled by the Delek Group, has successfully completed the institutional phase of its first bond issuance, raising NIS 338 million. The IPO saw demand exceed half a billion shekels, leading management to increase the original target from NIS 200 million to approximately NIS 340 million. The Series A bond, valued at around […]
Melisron has bought the remaining 50% of the shares of Aviv Development and Real Estate Management for NIS 625 million, at a company value of NIS 1.25 billion. In 2022, Melisron acquired 50% of Aviv Development from Aviv Group at a company value of NIS 845 million. Aviv is involved in real estate development in […]
Intezer has closed USD33 million in a funding round led by Norwest Venture Partners, taking total capital raised to USD60 million. Founded in 2015 and based in New York and Tel Aviv, Intezer develops technology that analyzes code on cloud software to detect malware.With a new investment of USD 33 million, the cybersecurity company will […]
Bank Leumi has raised NIS 3.9 billion through the expansion of two existing bond series and the issuance of a new series of commercial papers. All three series are top-rated by S&P Global Ratings. Agmon with Tulchinsky advised the bank, with the transaction led by partner Ran Shalom and associate Marom Bouznah of the firm’s […]
Playtika Holding Corp. has agreed to buy SuperPlay, a mobile gaming company based in Tel Aviv, Israel, for USD700 million, with an additional consideration of up to USD 1.25 billion, contingent on financial targets over three years. This acquisition is expected to drive Playtika’s growth and add a team with a proven track record of […]
Trevor Asserson and his team, together with data scientists, worked tirelessly on a report covering BBC content during the Israel-Hamas war. The report examines the English and Arabic content and covers the period from October 7, 2023, to February 7, 2024, and shows a consistent pattern of bias that may undermine its status as a […]
Tower Semiconductor has partnered with India’s Adani Group to establish a USD 10 billion semiconductor manufacturing plant in Gujarat, India. The project aims to strengthen India’s presence in the global semiconductor industry, addressing supply chain needs and promoting tech innovation. Tower, a leading Israeli chipmaker, will provide expertise in the manufacturing process, while Adani will […]
Azerbaijan is extending significant tax incentives to attract startups, including full exemptions from corporate, purchase, real estate, and dividend taxes for a decade. These benefits are specifically available to Israeli startups that relocate their operations to the country. The initiative aims to boost Azerbaijan’s appeal as a business hub by offering substantial financial advantages. According […]
Israeli private equity firm FIMI Opportunity Funds has reduced its stake in TAT Technologies from 51.8% to 26.8% by selling a 25% share for NIS 129 million. The sale comes amid a doubling of TAT’s share price over the past year. Israeli institutional investors, including More, Meitav, and Yelin Lapidot, are believed to have purchased […]
