The 2023 “Globes”-Statista survey of the 100 best law firms in Israel finds the merger trend continuing, but the leak of talent to high-tech has halted 2022 was a year in which the major trends in the legal services market moved up a gear. There were large mergers, and the competition for high quality people […]
Author: Idan Nishlis
“I think that there will be some sort of reawakening during the year. We won’t return to the levels of 2021 but there will certainly be a reawakening compared with 2022,” said Ilan Paz, the Barclays Israel CEO, who insists investors are more interested in an Israeli company’s strength and performance and not the political […]
Herzog acted as Israeli counsel to Citigroup, Goldman Sachs Bank, Mizuho, MUFG and PNC Capital Markets LLC as the active joint book-running managers of a USD2.5 billion sustainability-linked senior debt offering by Teva Pharmaceuticals Industries. That offering was combined with a tender offer to acquire existing Teva notes. Herzog deal team led by Ron Ben-Menachem and Mohammad Mawasi, and […]
Chaos Labs, a New York and Israel-based provider of an automated economic security system for crypto protocols, has raised USD 20 million in Seed funding. The round was led by Galaxy and PayPal Ventures, with participation from Coinbase, Uniswap, Lightspeed, Bessemer, Hashkey and angels such as Balaji Srinivasan and Naval Ravikant. Chaos Labs is a provider of an automated economic security […]
Israeli cloud cybersecurity company Wiz today announced the completion of a USD 300 million Series D financing round at a company valuation of USD10 billion. The latest financing round was led by Lightspeed Venture Partners and existing investors Greenoaks Capital Partners and Index Ventures. Also participating were existing investors Sequoia, Insight Partners, and Gil Ra’anan’s Cyberstarts. Private […]
Leading Israeli insurance and finance group Harel sells 50 Broadway SW1. Harel Insurance and Finance is one of Israel’s largest insurance and finance groups. Their comprehensive product portfolio includes health, life, business, and motor insurance as well as investment services such as pension and mutual funds. Harel purchased 50 Broadway in 2014 and together with […]
Investments by European companies in Israeli startups last year totaled USD 1.66 billion last year, or about 10% of the total funds raised, research company IVC announced. The company added that there were 239 transactions involving European money and the funds raised by Israeli startups in 2022 from European sources made up about 10% of […]
Israel and China are close to completing negotiations on a free trade agreement, which could be signed this year. The Chinese had planned for the pact to be signed last year, but the lockdowns because of the Covid-19 pandemic and the inability to conduct face-to-face meeting led to delays in the talks. Read more in […]
Clal Insurance Enterprises Holdings Ltd. has issued two series of convertible and non-convertible bonds on the Tel Aviv Stock Exchange for a total value of NIS 400 million. Goldfarb Gross Seligman acts for the company, led by partner Adva Bitan and Matan Kaddar from the Capital Markets Department of the recently merged firm.
NEVA SGR – the venture capital company of the Intesa Sanpaolo Group – has invested in CoreTigo – Industrial Wireless Automation, a highly innovative Israeli company in the revolution of wireless deterministic communications for industrial automation. Greenberg Traurig advised NEVA SGR, with the cross-border deal managed by shareholder Pietro Caliceti, together with Israeli shareholder Joey Shabot and Of […]
