Online gambling company 888 Holding plc is buying British bookmaker William Hill’s non-US assets for £2.2 Billion (USD 3 Billion). 888 operates online gambling websites and related software and platforms in more than 100 countries including casino, poker, bingo, sport and other games. William Hill International is one of the UK’s leading and most trusted […]
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Yigal Arnon partner Eli Greenbaum has shared valuable insight into Israeli economic, financial and trade sanctions – an area of law becoming ever more important in our interconnected world. The article was placed in Lexology’s Getting the Deal Through 2021 and can be read here.
Alon Blue Square Israel Ltd. has successfully completed another issuance, this time of approximately NIS 300 million in a public offering of a corporate bonds by expansion of the Company’s debentures (Series F). The Capital Markets department of Erdinast Ben Nathan Toledano & Co. With Hamburger Evron advised, led by partners Moty Yamin and Hagar […]
In a milestone transaction, Amiad Water Systems Ltd. has transferred the company’s listing from the AIM Market of the London Stock Exchange to the Tel Aviv Stock Exchange. Amiad was represented by Naschitz Brandes Amir (partners Sharon Amir, Tuvia Geffen, Roi Turgheman, Shachar Hananel and associate Shahar Schossev) and international law firm Bryan Cave Leighton […]
US software company Synaptics Inc. (Nasdaq: SYNA) today announced that it has signed a definitive agreement to acquire Israeli provider of voice and wireless chipset solutions for converged communications DSP Group Inc. The U.S. software company will pay an 18% premium on the share price of DSP Group, which has traded on NASDAQ since 1994, […]
RB-Doors (Rav-Bariach Group) has completed its IPO on the Tel Aviv Stock Exchange, raising NIS 125 million, with a company value of NIS 625 million. Rav-Bariach is an international leader in the manufacturing and marketing of steel security doors and locks. The Shibolet & Co. team advising RB-Doors included Keren Elgrably-Goldman, Adi Zaltzman, Itai Kabiljo, […]
Israeli digital intelligence company Cellebrite and TWC Tech Holdings II Corp. (Nasdaq: TWCT) have completed their SPAC merger in a transaction that gives Cellebrite a company valuation of appx. USD 2.4 Billion. The Petah Tikva-based company, which provides digital intelligence solutions to law enforcement agencies and governments, will begin trading on NASDAQ this week. Herzog Fox […]
Israeli start-up Waycare Technologies has been acquired by U.S. public company Rekor Systems for $61 million, just five years after its founding. Waycare has developed a solution using AI to help government agencies with crash prediction, congestion detection, and incident management. Intelligent infrastructure is the foundation upon which smart cities are built and this acquisition […]
Gross & Co. expand their Environment and CleanTech practices with the addition of Tabib Geva & Co., a boutique law firm specializing in environmental protection and Clean Tech. Tabib Geva & Co. is headed by Adv. Merav Tabib and Adv. Merav Niv Geva, who will co-head Gross & Co.’s Environment and CleanTech department.
New cybersecurity regulations are currently being considered in the telecommunications sector. The Ministry of Communications promotes cybersecurity provisions that will apply to telecoms companies in a way that communications licensees will have to be equipped with high-level cybersecurity and recovery capabilities. The amendments proposed by the Ministry of Communications include detailed cybersecurity provisions in both […]
