Econergy Renewable Energy Ltd. has completed its IPO on the TASE, attracting NIS 150 million in investment, representing a value of NIS 1 billion. Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron acted on the deal – the largest listing in the renewable energy sector and one of the most significant listings in Israel […]
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U.S. business intelligence company ZoomInfo is to buy Israeli-U.S. start-up Chorus.ai for USD 575 million cash. Chorus.ai has developed a system that analyzes and provides insights on sales conversations and competes with Israeli start-up Gong.io, which raised money last month at a company valuation of USD 7.2 billion, making it the privately-held Israeli start-up with […]
Fattal, the largest Israeli hotel chain in the world, with 220 hotels in Israel and Europe (including hotels under construction), continues to expand its operations in Israel and has completed a purchase agreement of 72.5% of the 7MINDS boutique hotel chain, owned by Oren Pascal and Ben Braverman. As part of the transaction, The Bachar […]
From head of the Mossad to the biggest venture capital firm in the world: Sources inform “Globes” that Japanese investor Masayoshi Son’s SoftBank is appointing former Mossad chief Yossi Cohen as manager of its activity in Israel. SoftBank is considered the world’s leading technology fund, with huge investments in companies such as Uber, Alibaba, TikTok, […]
This past week, Erdinast Ben Nathan Toledano & Co. With Hamburger Evron organized the “Hi-Tech and Investments in the Arab Society” Conference. Held at Nazareth Industrial Park, the conference aimed to connect Arab investors and entrepreneurs, bringing them investment opportunities in Arab-led startups. Adv. Roy Caner, Head of our High-Tech Group, gave a lecture on […]
Tadmor Levy is representing 6 agricultural associations and 88 Druze residents in a lawsuit to stop a wind turbine energy project that has far-reaching implications and threaten the Druze community in the Golan Heights, in terms of their livelihoods and way of life. The lawsuit was filed in the Nazareth Magistrate’s Court against Clean Wind […]
Yigal Arnon & Co. represented Shapir Engineering and Industry Ltd. in a deal to acquire an engineering company, Lipsker & CO. Engineering Services (1975) Ltd. The sum is estimated to be about NIS 32 million. The team included David Schapiro, Eliran Furman and Lior Cohen Goldstein. Lipsker were represented by Barnea, Jaffa, Lande.
Biosight has merged with US immunotherapy company Advaxis at a company valuation of USD 280 million and will trade under the BSTX ticker. Israeli cancer therapeutics developer Biosight has agreed to merge with US immunotherapy company Advaxis, which is traded on Wall Street with a market cap of USD 68 million. The move is an […]
HIVE2040 R&D Ltd. Partnership has completed an IPO and invested in three target companies. The IPO of its partnership units, together with a new series of warrants, raised NIS 32 million. As part of the offering, the partnership completed an investment in three target companies – IXDen Ltd., viisights Solutions Ltd., and NanoLock Security Inc. […]
With the uptick in M&A deal activity in Israel, Mergermarket this week published a table for the Middle East and Africa showing that seven Israeli law firms feature in the top 20 table by volume, while, Meitar, Herzog, Fox & Neeman and Yigal Arnon take the top 3 spots. New Israeli Foreign Minister, Yair Lapid […]
