Dozens of Israeli tech entrepreneurs and businesspeople recently flew to Saudi Arabia for advanced talks on Saudi investments in Israeli companies and Israeli investment funds, according to a report in the Globes business daily. The report said a number of agreements, both in the civilian and defense sectors, have been since signed between Israelis and Saudis […]
Author: Idan Nishlis
The UAE’s Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi announced the figures at the World Economic Forum in Davos this past week. The minister made the comments during a panel titled “The Future of the Abraham Accords,” alongside former Bahraini foreign minister Khalid bin Ahmed Al Khalifa, Chief Product Officer […]
Yariv C. Ben-Ari, Partner and Co-chair of Herrick’s Israel Practice and Real Estate Hospitality Practice You have had an Israel Desk and team for some time, what was the driving force behind that and how does it fit in with the firm’s overall strategy and focus? Herrick has always been an entrepreneurial, out of the […]
Agmon & Co. Rosenberg Hacohen & Co. advised Amot Investments on the issuance of NIS 720 million – and additional NIS 350 million. Partners Shirel Guttman-Amira and Ran Felder of the firm’s Capital Markets department represented Amot on this issuance. Separately, Leumi Bank has also raised NIS 1.7 billion as part of an expansion of two existing series of […]
In this new weekly section, we profile the driving force behind Israel Desks firms, as we catch up with the prominent leaders of the global law firms with Israel Desks: This week – Greenberg Traurig‘s Managing Shareholder, Joey Shabot: You have had an office in Israel for some time, what was the driving force behind that and how does it fit […]
Gesher I Acquisition Corp, a SPAC company, has merged with Freightos Limited, a Jerusalem start-up that operates a leading platform for international shipping and payments. The value of Prytus for the merger is estimated at USD 435 million. Gesher will be represented by EBN, led by Doni Toledano, Shay Dayan, Nitzan Aberbach, Alon Abramovic, and Racheli Harel; Lior Etgar and Amir […]
Egged has approved the sale of a 60% stake to Keystone REIT Fund, reflecting a company valuation of approximately NIS 4.8 billion! Under the terms of the deal, the Egged shareholders will have the option to sell their remaining shares starting from the 2nd year anniversary of the transaction. This deal is made in continuation […]
Israeli-founded PPHE Hotel Group, the London listed international hospitality real estate and management company, has extended its longstanding strategic partnership with Radisson Hotel Group. Through the partnership, they will jointly develop a global portfolio of premium lifestyle art’otels in key gateway cities and capitalize on growth opportunities presented by PPHE’s current and future property portfolio. […]
Israeli IT solutions provider to telecom companies Amdocs Ltd. has acquired UK company MYCOM OSI for USD 188 million cash. DLA represented Amdocs in this key acquisition designed to expand its portfolio in network service assurance and monetization MYCOM OSI provides software-as-a-service (SaaS) solutions for control and security services for cloud-based communications networks for telecom companies.
A consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. has bought Chelsea Football Club for €4.25 Billion. Boehly is the owner of the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks. The club was put up for sale in March before previous owner Roman […]
