Swedish giant, Volvo, with almost USD 39 billion net sales in 2021, will invest in the Israeli Unicorn, Optibus, intending to accelerate the digitalization and electrification of buses. The size of the investment was not disclosed. In May, Optibus announced the completion of a USD 100 million Series D funding round to advance its public […]
Author: Idan Nishlis
Ayalon Insurance Company Ltd. has signed an agreement to sell its 20% holdings in Meitav Dash Provident and Pension Company to Meitav Securities and Investments Ltd. for NIS 120 million. Ayalon Insurance Company Ltd was represented by EBN and partners Doni Toledano and Jonathan Achiron, along with attorney Shani Even-Zahav from the firm’s M&A department. Once the transaction is completed, Meitav […]
Property and Building Corp. Ltd. (PBC) has acquired Aaron Frenkel’s 37.22% stake in Gav-Yam, for NIS 3.1 billion. Gross has represented PBC, including in the closing of a finance agreement with Mizrahi-Tefahot Bank for approx. NIS 1 billion. At the end of the process, which lasted six months, Frenkel sold its holdings in Gav-Yam to […]
You have had an Israel Desk and team for some time; what was the driving force behind that, and how does it fit with the firm’s overall strategy and focus? The firm itself was born out of something wholly different from any of the other ‘Israel Desks’ you may see on Nishlis. We launched in […]
Life-changing pharma tech company, NurExone Biologic has closed its going public transaction on the TSX Venture Exchange and will begin trading under the symbol NRX. The transaction took place via a merger with EnerSpar Corp. The Gowling WLG team aced as Canadian legal counsel to NurExone Biologic Ltd., with Irwin Lowy LLP acting for EnerSpar. Read more […]
Holisto has developed AI-base technology to help people find the cheapest and most suitable hotel bookings. The product was launched in the second quarter of 2020, at the height of the Covid-19 pandemic, and according to the company it has been well received. Moringa was floated on Nasdaq in February 2021, at the peak of […]
Property and Building Corp. Ltd. (PBC) has acquired Aaron Frenkel’s 37.22% stake in Gav-Yam, for NIS 3.1 billion. Gross has represented PBC, including in the closing of a finance agreement with Mizrahi-Tefahot Bank for approx. NIS 1 billion. At the end of the process, which lasted six months, Frenkel sold its holdings in Gav-Yam to […]
Dubai International Chamber has announced plans to open a representative office in Tel Aviv to facilitate trade and investment between in Dubai and Israel.
After building a network of over 1,000 ultra-Orthodox women in the tech industry, Rivka Zafrir is launching Israel’s first-ever accelerator program for female, Haredi start-up entrepreneurs. Read more here.
Capital Investment in Hospitality in a Post-Covid World – An International Conversation. Yariv Ben-Ari, co-chair of Herrick’s Hospitality and Israel Practices is joined by Jonathan Falik, Founder and CEO of JF Capital Advisors based in the U.S.; Rahul Thakrar, Partner at Boodle Hatfield based in London; and Ram Spektor, Partner at. Shibolet in Tel Aviv to discuss capital investments in […]
