Bank Leumi has completed the expansion of two bond series (179 and 182), in the total sum of NIS 3.2 billion. Both series are rated AAA by S&P Global Ratings and Midroog. Agmon & Co. Rosenberg, Hacohen & Co acts for Leumi on this issuance, with the matter led by partner Ran Shalomand associate Marom […]
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Biotech company Pluristem has reached a landmark collaboration with Israel’s largest food conglomerate Tnuva to establish a unique cultured food platform aimed at cultured meat, with the option of expanding into cultured fish and dairy. This platform will be based on Pluristem’s technological expertise in mass-scale, cost effective, consistent cell production. As part of the […]
Naschitz Brandes Amir announced the completion of its merger with Lamay Sider Rahat Tsiddon Fink effective December 31, 2021. The combination will expand the firm’s collective capabilities in important industries, including the Agricultural Settlement sector (kibbutzim and collective settlements), Communications & Media, Information Technology, Energy & Infrastructure, Medical Cannabis, and more. Key practice areas with […]
White & Case M&A Explorer reviews the deal making landscape from 2021. Deal value exceeded US$1 trillion in every quarter for the first time in history, in just one example of the record-shattering 2021. Global dealmaking was consistently strong in 2021, with the value topping US$1 trillion in each quarter for the first time on record. […]
A group of four companies, sister companies to the credit card company Max and controlled by leading global private equity fund Warburg Pincus, have completed a complex four-party merger. Gornitzky, led by partners Elite Elkon and Alon Peled, with senior associate Rafael Shafransky, represented the companies, which together will be merged into a single company […]
The report by IVC Data and Insights and Meitar covers all Exits, Unicorns, Financing Rounds IPO’s and much more. In 2021, Israeli high-tech companies enjoyed a record of capital investments, raising $25.6 billion in 773 deals. This exceptional amount was 146% higher than the annual 2020 amount, mostly due to the large number of deals over […]
Japanese investments in Israeli start-ups reach record USD 2.9 billion in 2021. This marks a 190% leap compared to 2020. The number of investments also rose – 85 compared to 63 the year prior. Japanese investments accounted for 15.8% of all foreign investments in Israel, and since 2000, Japanese companies have invested a total of USD […]
MeMed has completed a USD 93 million Series E funding from new and existing investors. The Israeli company recently received FDA approval for its MeMed BV test to help healthcare providers distinguish between bacterial and viral infections. The investors include Horizons Ventures, Shavit Capital, Social Capital, La Maison Partners, Touchwood Capital, Caesarea Medical Holdings, Union […]
Competition intensifies in the air conditioning sector as Newpan, the leading importer of electrical and electronic products in Israel, and Danya, a construction and infrastructure company, have established a new joint company in the field of air conditioning. Part of Lapidot Capital Group, Danya was represented by partner Gadi Graus of Shibolet Law Firm. The […]
Fast-charging battery startup StoreDot hits USD 1.5 billion valuation in Series D financing. The Israeli company has so far raised USD 60 million in the round, led by VinFast but isn’t closing the round yet in order to allow additional strategic investors from the automotive industry, who are still assessing its technology, to join. The […]
