The program aims to group Mexican and Israeli entrepreneurs to work collaboratively to advance creative solutions to local challenges, such as health, communication and water management, within Mexico — the 15th-largest economy in the world. Read more here.
Author: Idan Nishlis
Israeli credit asset manager Viola Credit has closed a USD 700 million fund to provide credit lines to fintech companies with platforms across the US, Western Europe, UK, Australia, and New Zealand that disrupt traditional lending sectors. All the money was raised from Israeli institutional investors. Viola Credit, formerly known as Plenus, was founded in […]
Under a new proposed plan, the two countries are set to jointly develop the Nitzana crossing between them, where commercial trade is handled, as a regional logistics center and a joint employment area; engage in R&D cooperation; develop joint projects in the area of green energy; and increase the number of direct flights. The plan […]
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 […]
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 bonds […]
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 is represented by Bryan Cave Leighton Paisner and by Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron, led […]
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 Piper 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 […]
