Gornitzky represents Dan public Transportation Ltd. in its first acquisition of public transportation operations outside of Israel. Dan is participating in a bid process initiated by the Arriva Group (under the control of Deutsche Bahn AG), which operates public transportation services around Europe. Afterwards, Dan will acquire the Arriva Group’s public transportation operations in Portugal for […]
Author: Idan Nishlis
Adv.Vered Zlaikha, partner and head of the Cyber Affairs & Artificial Intelligence department at Lipa Meir took part in an enlightening panel on the challenges facing the cyber industry in 2022. Held at Tel Aviv University, on behalf of the Association of Directors and the Privacy and Information Security Community, the conference dealt with a myriad of critical […]
US growth equity firm General Atlantic has opened a new office in Tel Aviv. General Atlantic has invested over USD 750 million in eight high-growth tech companies in the country since 2019, with six of those eight investments made over the past year. General Atlantic added that it still sees significant opportunity in Israel and […]
Mergermarket Europe has published the list of firms of the year in the field of mergers and acquisitions. Meitar was awarded Israel M&A Legal Adviser of the year 2021, in a ceremony held in London last week. Click here for the full list
Competition Authority toughens merger disclosures. The new merger application regulations are part of the plan to tackle excessive concentration in Israel’s food market. New regulations set by the Competition Authority, headed by Adv. Michal Cohen, put a greater reporting burden on companies seeking to merge. The Competition Authority will receive more detailed information on merging […]
After five months of negotiations, Israel and the United Arab Emirates signed on Friday a free trade agreement between the two countries. The “comprehensive” agreement covers regulation, customs, services, government procurement, e-commerce and protection of intellectual property rights, the Economy Ministry said in a statement. Read more here, as well as our feature on the […]
US engineering components manufacturer ITT will acquire Israeli valve manufacturer Habonim for USD 140 million in an all-cash transaction. Habonim, based on Kibbutz Kfar Hanassi in the Upper Galilee, will become part of ITT’s Industrial Process (IP) segment. Greenberg Traurig represented ITT, Meitar advised on the Israeli aspects of the deal, with Erdinast, Ben Nathan, […]
U.S. semiconductor giant Intel has announced it is buying Israeli computing tech startup Granulate Cloud Solutions Ltd. for a reported USD 650 million, marking the chip multinational’s seventh acquisition of an Israeli company in just over five years. Granulate develops software to optimize the use of computing resources, and will join Intel’s advanced software and […]
Discount Bank completed the issue of shares. Total demand reached NIS 1.7 billion. The bank decided to raise NIS 1.424 billion at a price of NIS 19.52 per share. According to sources at Discount Bank, the raising of capital was done to enable the bank to continue its growth momentum and realize its existing significant […]
Israeli start-up, Papaya Global will buy Azimo, a London-based money transfer business, for between USD 150-200 million, according to various sources, as it looks to expand its payroll payments and launching more services to additional markets. This is the first major acquisition made by Papaya, which saw its valuation surge to USD 3.7 billion last […]
